Looks like it’s going to be a very busy fall for Intel legal. This morning, New York Attorney General Andrew Cuomo filed a federal antitrust lawsuit against the company, alleging that it violated state and federal laws with a “systematic campaign” of illegal conduct.
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What a lousy week for Intel, yeah? First Korea’s Fair Trade Commission fines the company $25 million for abusing its dominant market position in the country and offering discounts to PC makers in an effort to drive rival AMD out of the market. And now Federal Trade Commission has opened a formal investigation into its pricing practices.
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There’s a reason Intel’s processors are in more than four out of five x86 computers sold in the global market and–like the European Union, Japan and South Korea–New York’s attorney general thinks it might be an anticompetitive one.
Empire State AG Andrew Cuomo today opened a formal antitrust investigation against Intel to determine if it violated [...]
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If First Data’s board of directors owns a copy of former Hewlett Packard CEO Carly Fiorina’s memoir, “Tough Choices,” they clearly don’t lend much credence to her withering assessment of former Compaq Chief Executive Michael Capellas. Because this morning, the Denver-based transaction processor said it will name him as CEO following completion of the acquisition of the company by Kohlberg Kravis Roberts & Co.
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