BREAKING: Antitrust charges filed against Intel for threatening computer makers/paying kickbacks
BREAKING: Technology Alert from The Wall Street Journal
New York Attorney General Andrew Cuomo filed antitrust charges againstIntel, alleging the company threatened computer makers and paid huge
kickbacks to stop them using competitors’ chips. The suit alleges that for several years, Intel sought to maintain its
dominance of the computer-chip market by paying billions of dollars in
kickbacks to computer makers under the guise of “rebates.” The suit
also alleges Intel threatened computer-makers — including
Hewlett-Packard, IBM and Dell — with retribution if they marketed
products with chips made by competitors. Intel is being investigated
for possible antitrust violations on multiple continents, and by
numerous regulators, including the Federal Trade Commission.
