Cuomo Files Federal Antitrust Suit Against Intel

comp_ali · Nov 4, 2009, 10:27 PM

Following the lead of foreign regulators, New York’s attorney general, Andrew M. Cuomo, filed a federal antitrust lawsuit Wednesday against Intel, the world’s largest chip maker.

The lawsuit charges that Intel violated state and federal laws by abusing its dominant position in the chip market to keep its main rival, Advanced Micro Devices, at bay. Intel has faced similar lawsuits in Asia and Europe, and in May the European Commission fined the company a record $1.45 billion for antitrust violations.
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Source: NY Times

Nov 4, 2009, 10:27 PM	#1
comp_ali Sniper Join Date: Aug 2008 Location: Egypt Posts: 10,441 Rep Power: 331 System Specs	Cuomo Files Federal Antitrust Suit Against Intel Following the lead of foreign regulators, New York’s attorney general, Andrew M. Cuomo, filed a federal antitrust lawsuit Wednesday against Intel, the world’s largest chip maker. The lawsuit charges that Intel violated state and federal laws by abusing its dominant position in the chip market to keep its main rival, Advanced Micro Devices, at bay. Intel has faced similar lawsuits in Asia and Europe, and in May the European Commission fined the company a record $1.45 billion for antitrust violations. _____________ Source: NY Times __________________ Last edited by MIG-31; Nov 4, 2009 at 10:40 PM.