Intel Settles NY Antitrust Case

clustermonkey writes "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. Intel did not have to admit any violation of law (if there ever was any) nor did it have to admit or deny that the allegations in the complaint are true. Most importantly, the settlement does not require any changes to how the company does business. The settlement includes a $6.5 million payment that is "intended only to cover some of the costs incurred by the New York Attorney General in the litigation." Here's the full settlement, and Intel's official press release."

Comments

AMD's new FAB in Upstate New York....

[CajunArson]

I'm sure that the fact that Intel's main competitor is building a new fab in Upstate New York with the strong added backing of IBM (based in Armonk, NY) had ABSOLUTELY NOTHING TO DO WITH THIS LAWSUIT.

Nope, politicians in New York are completely uncorruptable and would never try to do a shakedown of a competitor to in-state businesses in order to gain political capital for a run as governor and to finance the sweetheart deals they give out to attract business in the first place.

P.S. --> INTEL ALWAYS BAD!! AMD ALWAYS GOOD!! (keep the blind faith!)