Intel sued by NY State for antitrust laws violation

Teerex

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NEW YORK, NY (November 4, 2009) - Attorney General Andrew M. Cuomo today filed a federal antitrust lawsuit against Intel Corporation (NASDAQ: INTC), the world’s largest maker of computer microprocessors. The suit charges that Intel violated state and federal anti-monopoly laws by engaging in a worldwide, systematic campaign of illegal conduct - revealed in e-mails - in order to maintain its monopoly power and prices in the market for microprocessors.
...
Intel’s illegal behavior was highly detrimental to individual consumers and to the entire marketplace for computers. Intel repeatedly pressured computer makers to guarantee it specified market shares of their sales, which prevented computer makers from responding to consumer demand. With actual competition, consumers would have enjoyed more choices, lower prices, and better products. Furthermore, Intel’s illegal acts harmed innovation in a market that is critical to productivity growth throughout the economy.

ATTORNEY GENERAL CUOMO FILES ANTITRUST LAWSUIT AGAINST INTEL CORPORATION, THE WORLD’S LARGEST MAKER OF MICROPROCESSORS
 

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I just read this at another place Teerex, will make you think what really went on during that time and what the court will find out in the end.
 

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I m scared by Andrew Cuomo.
 

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These rumors and allegations have persisted for years and seem to get worse as AMD is coming up. So there is probably something to this. Will be interesting to see what happens.
 

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According to Reuters, an FTC vote on this issue is also imminent, and Cuomo probably just jumped the gun in an effort to gain the public spotlight.

Intel has already been found guilty by the EU commission, by the Japanese trade commission and by the Koreans, so I guess it's hard to doubt that Intel is guilty as sin.
 

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I think they are their own victim to their own success. There's no doubt about it : even the mid-range Core i5 is better (or almost) than the most high-end AMD CPU.
 

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Interesting how AMD is behind in sales but they had the 64bit CPU first and also the first to get rid of the FSB.

Probably why Intel has to resort to such tactics.
 

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