• 0
  • 0

February 9, 2012 10:28 PM GMT

(Reuters) -- Intel Corp agreed to pay just $6.5 million to resolve an antitrust lawsuit by New York's attorney general that accused the world's largest chipmaker of threatening computer makers and paying billions of dollars of kickbacks to maintain its market dominance.

REUTERS
A woman takes a photo of ultrabooks at the Intel booth during the 2012 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 10, 2012.

Related Articles

The settlement ends a November 2009 lawsuit filed by Andrew Cuomo, New York attorney general at the time and now governor. Eric Schneiderman, the current attorney general, took over the case when he succeeded Cuomo in that position.

In December, a Delaware federal judge threw out parts of New York's case, limiting damages and the timespan for computer purchases. New York responded at first by proposing a complete dismissal so that it could refile the case in a state court.

Intel said it did not admit to any of the allegations or any violation of law in agreeing to settle. The Santa Clara, California-based company also said the accord does not require it to change how it does business.

Like us on Facebook   

Schneiderman was not immediately available for comment.

(Reporting By Karen Freifeld and Jonathan Stempel in New York; Editing by Richard Chang)

Follow us on LinkedIn Follow IBTimes LinkedIn LinkedIn

(Photo: REUTERS / Steve Marcus)
A woman takes a photo of ultrabooks at the Intel booth during the 2012 International Consumer Electronics Show (CES) in Las Vegas, Nevada January 10, 2012.
  • Rate this Story
  • 0
  • 0
Copyright 2012 Thomson Reuters. All rights reserved.
Follow Business & Law
E-Newsletters

We value your privacy. Your email address will not be shared.