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New York Attorney General Andrew M. Cuomo  (Source: Groll/AP)
“We intend to stop them" -- New York Attorney General Andrew M. Cuomo

Intel is no stranger to lawsuits. The company was slapped with a $1.45B USD fine by the EU in May of this year for anticompetitive practices. The charges leveled against Intel mainly focused on illegal methods Intel used to keep AMD from gaining in traction in the marketplace.

At the time, EU competition commissioner Neelie Kroes noted that, "[Intel used] used illegal anticompetitive practices to exclude its only competitor and reduce consumers’ choice — and the whole story is about consumers."

The Santa Clara, CA-based company later appealed the ruling with Intel spokesman Chuck Malloy saying, "Our position is that the decision was wrong and we said that from the day it was announced. It was wrong on many levels."

Now it appears that Intel is facing another lawsuit -- this time on its own home soil according to the New York Times. New York attorney general Andrew M. Cuomo is going after Intel this time with a federal antitrust lawsuit. Like the aforementioned EU case, Cuomo asserts that Intel used illegal tactics to stifle AMD.

“Rather than compete fairly, Intel used bribery and coercion to maintain a stranglehold on the market,” said Cuomo. “Intel’s actions not only unfairly restricted potential competitors, but also hurt average consumers who were robbed of better products and lower prices.”

The NYT adds that the state of NY's action against Intel could mean that the FTC could step in as well with charges of its own. "These are separate investigations, but it would be very surprising for New York State to go off on its own without being fairly confident the FTC would pursue Intel as well," a person familiar with the situation told the NYT.



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RE: The First Real Evidence for Anti-trust Violations
By RjBass on 11/4/2009 4:36:43 PM , Rating: -1
While recent insider trading charges have been filed against Intel, are they not also investigating Mr. Ruiz from AMD over the same matters from around the same time?


By monomer on 11/4/2009 7:01:31 PM , Rating: 2
These are completely different cases. The charges against Intel are for monopolistic practices, and have nothing to do with the recent insider trading fiasco.


By weskurtz0081 on 11/4/2009 9:51:25 PM , Rating: 2
Maybe I missed something, but could you show me where the OP said anything about insider trading?


By Shadrack2 on 11/5/2009 12:32:05 PM , Rating: 2
In original post and quoted in his response:

quote:
...and based on the e-mails (and the recent implication in insider trading)


By RjBass on 11/5/2009 7:47:09 PM , Rating: 1
You really can't read, can you?


By Sahrin on 11/4/2009 10:56:51 PM , Rating: 2
You are correct that Mr. Ruiz was implicated, but you are not correct to imply that the two will 'cancel eachother out.' If AMD goes in front of a jury, reads those e-mails and then says "AND they have corrupt execs" - the fact that AMD also had corrupt execs doesn't do anything to help Intel. AMD didn't break any anti-trust laws; and they won't be on trial in the civil suit. Intel will.


By ZmaxDP on 11/5/2009 4:44:52 PM , Rating: 2
You are clearly not a trial lawyer. EVERYONE involved in a trial is on trial in Civil suits. I don't care if you bring hector ruiz's 95 year old mother to the stand, she'll be on trial.


By RjBass on 11/5/2009 7:50:21 PM , Rating: 2
And I guess you have never been in court during a large cival lawsuite. If AMD pulls that card, Intels defense will pull it as well. It will then be null and void, and I am willing to bet that AMD won't even bring that aspect up.


By chunkymonster on 11/6/2009 1:12:06 PM , Rating: 1
You are comparing apples and oranges...apples and oranges...


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