NY Antitrust Suit Accuses Intel of Bribery
New York Attorney General Andrew Cuomo has filed an antitrust lawsuit against Intel accusing the company of bribery. These are not new allegations, the evidence in the case is the exact same evidence used in the five year old battle with AMD and the EU. Intel has vowed to fight the allegations.
"Intel has engaged in a systematic worldwide campaign of illegal, exclusionary conduct to maintain its monopoly power and prices in the market for x86 microprocessors," the suit asserts. "By exacting exclusive or near-exclusive agreements from large computer makers in exchange for payments totaling billions of dollars, and threatening retaliation against any company that did not heed its wishes, Intel robbed its competitors of the opportunity to challenge Intel's dominance in key segments of the market. This illegal behavior was highly detrimental to consumers, competition, and innovation."
