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Nvidia Settles GPU Price-Fixing Antitrust Case

Posted by ScuttleMonkey on from the buy-your-way-out-of-trouble dept.

arcticstoat writes to report that Nvidia has offered up a settlement for the GPU price-fixing case. As a part of the settlement Nvidia would be required to pay $850,000 into a fund projected to hit $1.7 million (supposedly AMD/ATI would make up the other half). The antitrust case indicated that Nvidia and ATI worked together in order to 'fix, raise, maintain, and stabilize prices of GPUs sold in the US.'"

4 of 105 comments (clear)

  1. chise1 by chise1 · · Score: 5, Funny

    Wow, $850K? Damn, they're really going to be hurting after that one...

  2. Re:Drop in the bucket by oldspewey · · Score: 2, Funny

    Nividia posted sales of USD 892.7 million.

    So they offer to settle for $850 thousand?

    0.1% of their sales???

    ... which in AMD's case would probably be 100% of their net profits.

    --
    If libertarians are so opposed to effective government, why don't they all move to Somalia?
  3. Re:Bwahahahahaha! by MobileTatsu-NJG · · Score: 2, Funny

    Gamers are phags. Chew on that, bitches!

    As a heterosexual non-gamer who is on Slashdot anonymously calling people names on a Friday, you can pump your fist in victory!

    --

    "I like to lick butts!" by MobileTatsu-NJG (#32700246) (Score:5, Informative)

  4. Re:Yay more Useless Class Action by moderatorrater · · Score: 2, Funny

    I don't know, I feel like I'm getting a pretty good deal. Of course, I love cracker jacks.