Join other TweakTown fans on our Facebook fan page!
Technology content trusted by users in North America and around the world.
Sign up to our newsletterWatch our YouTube channelLike us on FacebookFollow us on Twitter+1 us on Google Plus

4,339 Articles | 23,894 Posts | 76,698 Members
Select Your Edition:USA EditionAU Edition
System
Builders
Guide

REALLY FRESH TECH CONTENT (OUR VERY LATEST STUFF)...

USA EditionYou are located: Home > All Press Releases > Business, Financial & Legal Press Releases > New York Attorney General Agrees to Terminate Antitrust Lawsuit Against Intel

New York Attorney General Agrees to Terminate Antitrust Lawsuit Against Intel

Posted: Feb 9, 2012 11:49 pm | More Press Releases: Business, Financial & Legal

Intel Corporation and the New York Attorney General have agreed to terminate the lawsuit alleging violation of U.S. and state antitrust laws that was filed by the New York Attorney General in November 2009.

 

new_york_attorney_general_agrees_to_terminate_antitrust_lawsuit_against_intel

 

The agreement, which follows a December 2011 court ruling that greatly reduced the scope of the New York Attorney General's lawsuit, expressly states that Intel does not admit either any violation of law or that the allegations in the complaint are true, and it calls for no changes to the way Intel does business. The agreement includes a payment of $6.5 million from Intel that is intended only to cover some of the costs incurred by the New York Attorney General in the litigation.

 

"Following recent court rulings in Intel's favor that significantly and appropriately narrowed the scope of this case, we were able to reach an agreement with New York to bring to an end what remained of the case. We have always said that Intel's business practices are lawful, pro-competitive and beneficial to consumers, and we are pleased this matter has been resolved," said Doug Melamed, senior vice president and general counsel at Intel.

 

A copy of the agreement is available at http://www.intel.com/pressroom/legal/nyag.htm.


Further Reading: Read and find more Business, Financial & Legal press releases at our Business, Financial & Legal PR index page.

TweakTown RSS FeedDo you get our RSS feed? Get It!

Post a Comment about this press release

Related Tags


Business, Financial & Legal News Posts

View More Business, Financial & Legal News Posts

TweakTown Web Poll

Question: What new products do you most want to see at Computex 2012?

Audio

Cases, Cooling & PSUs

CPU, APU & Chipsets

Displays

Memory

Mobile Devices and Phones

Motherboards

Peripherals

Storage / SSDs

Ultrabooks and Laptops

Video Cards

Booth Babes

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Business, Financial & Legal Press Releases

View More Business, Financial & Legal Press Releases