Tuesday, October 14th 2008
US Dept. of Justice Spares ATI of Antitrust Charges
The United States Department of Justice had issued notices to both NVIDIA corporation and AMD for their alleged involvement in malpractices with fixing prices in the graphics processor market, and inducing staged competition. Both companies were to be penalized if the antitrust investigations found the charges to be true. In its most recent press release, AMD states that the Dept. of Justice closed its investigation into these charges, and that no action would be taken against the company, in this regard. Press release follows:
On October 10, 2008, the U.S. Department of Justice informed AMD [NYSE: AMD] and ATI Technologies that it has closed its investigation into ATI Technologies' pricing and marketing practices in the sale of graphics processing units ("GPUs"). On December 1, 2006, AMD announced that ATI had received a subpoena from the U.S. Department of Justice.
Source:
AMD
On October 10, 2008, the U.S. Department of Justice informed AMD [NYSE: AMD] and ATI Technologies that it has closed its investigation into ATI Technologies' pricing and marketing practices in the sale of graphics processing units ("GPUs"). On December 1, 2006, AMD announced that ATI had received a subpoena from the U.S. Department of Justice.
9 Comments on US Dept. of Justice Spares ATI of Antitrust Charges
I was there and I wasn't part of any "secret" meeting. That's already enough to debunk the whole suit is fake.
Intel where are your cards!!!
If ATI did not do it, then nor did NV, thats how i see it any way.
So does this mean that Nvidia is still paying out their settlement they agreed to earlier (I think conditionally on ATI/AMD)?
Also/Or are charges dropped because of the settlement Nvidia initiated and that is why the Feds are no longer involved?
Confused, so other than wasting a lot of our (taxpayers) money and a lot of AMD and Nvidia's money what did this accomplish?