Nvidia Settles GPU Price-Fixing Antitrust Case
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.'"
With such rapid price drops on graphics cards I thought competition between ATI and Nvidia was working. Why, I just bought a 9600GSO for $34 after rebate and live cashback (and free shpping - Newegg rocks!)
"There can be little doubt that union activities lead to continuous and progressive inflation." F. A. Hayek