| New York Attorney General Agrees to Terminate Antitrust Lawsuit Against Intel |
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10/02/2012 03:22 (104 Day 02:23 minutes ago) | |||||
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The FINANCIAL -- Intel Corporation and the New York Attorney General have agreed to terminate the lawsuit alleging violation of U.S. and state antitrust laws that was filed by the New York Attorney General in November 2009.
According to Intel Corporation, the agreement, which follows a December 2011 court ruling that greatly reduced the scope of the New York Attorney General’s lawsuit, expressly states that Intel does not admit either any violation of law or that the allegations in the complaint are true, and it calls for no changes to the way Intel does business.
The agreement includes a payment of $6.5 million from Intel that is intended only to cover some of the costs incurred by the New York Attorney General in the litigation.
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