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Computer chip maker Intel is back in court. On Wednesday, New York State Attorney General Andrew Cuomo filed a federal antitrust lawsuit against the firm. Full Article at Forbes
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2009-11-06 23:07:04 - ), Advanced Micro Devices Inc. (NYSE: AMD : ) and Hewlett-Packard (NYSE: HPQ : ). Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: at.zacks.com/?id=4579 :. Full Article at PR-Inside.com
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The legal challenges to Intel Corp.'s sales tactics mounted Wednesday as New York's attorney general accused the world's biggest computer chipmaker of using "illegal threats and collusion" to dominate and thwart rival Advanced Micro Devices Inc. Full Article at Austin American-Statesman
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New York Attorney General Andrew Cuomo has filed a federal antitrust lawsuit against microprocessor maker Intel, alleging that the company engaged in a "systematic campaign" of illegal conduct to protect a monopoly. Cuomo's lawsuit, filed in U.S. Full Article at PC World
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The lawsuit charges that Intel violated state and federal laws by abusing its dominant position in the chip market to keep its main rival, Advanced Micro Devices, at bay. Full Article at The New York Times
Related Quotes
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But Intel has instead used illegal threats and coercion by bullying to preserve its strangle hold on the market.
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Rather than compete fairly, Intel used bribery and coercion to maintain a stranglehold on the market ... Intel's actions not only unfairly restricted potential competitors but also hurt average consumers who were robbed of better products and lower prices.
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Rather than compete fairly, Intel used bribery and coercion to maintain a stranglehold on the market
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Rather than compete fairly, Intel used bribery and coercion to maintain a stranglehold on the market ... Intel's actions not only unfairly restricted potential competitors, but also hurt average consumers who were robbed of better products and lower prices. These illegal tactics must stop and competitio...
