Wednesday 04 November 2009

New York Attorney General Andrew Cuomo is bringing antitrust charges against microchip giant Intel.  Reuters reports that Intel has used bribes to get large computer manufacturers to use their product:
 
"In a lawsuit filed in a Delaware federal court, Cuomo said Intel violated state and federal antitrust laws through a "systematic worldwide campaign" of illegal threats, bullying and coercion designed to maintain a stranglehold on the market for microprocessors for personal computers....

"Intel's microprocessors power more than 80 percent of the world's PCs. In a conference call with reporters, Cuomo said Intel's "my way or the highway" attitude hurt companies and consumers. "We intend to stop them," he said....

"Intel spokesman Chuck Mulloy rejected Cuomo's allegations and said the Santa Clara, California-based company would defend itself. "Neither customers who have benefited from lower prices and increased innovation, nor justice are being served by the decision to file a case now," he said....

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