New York attorney general settles case against Intel
- 10 February, 2012 09:00
The New York Attorney General settled an antitrust case it brought against Intel in 2009, the chip maker announced on Thursday.
While Intel said it doesn't admit to any violations of the law or that allegations in the suit are true, it did agree to pay US$6.5 million to cover some of the litigation costs.
The suit alleged that Intel convinced computer makers to sign exclusive agreements to buy its chips and threatened to punish those that seemed to be working too closely with Intel competitors. The complaint detailed billions of dollars that Intel allegedly gave to computer makers in exchange for the exclusive deals.
The agreement with the New York attorney general follows a December 2011 ruling that reduced the scope of the suit, Intel said.