US Dept. of Justice Spares ATI of Antitrust Charges
Written on October 14, 2008 – 11:56 am | by admin
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
Tags: amd, ati, nvidia
