Defend Truth

Cuomo vs Intel

Soon-to-be New York state governor and current state attorney, Andrew Cuomo, pulled another high-profile stunt on Wednesday, this time by filing an anti-trust lawsuit against the world’s dominant microchip-maker, Intel. It accused Intel of anti-competitive behaviour against its smaller, but much nimbler rival, Advanced Micro Devices (AMD), which has continued a pattern of similar cases over the last 18 years. While Intel was found guilty by Japan and South Korea in 2005, and fined $1.45 billion by the EU earlier this year, it is yet to be hit seriously in the US, its main market. The charge sheet is pretty gruesome, involving Intel pressuring its clients not to accept AMD chips and even paying IBM $130 million to hold back its server based on AMD’s Opteron chip. Should Cuomo be successful, it could seriously undermine the fundamentals of Intel’s business. And yet, Intel stock rose 1% after the news broke.Read more: Washington Post, New York Times


Please peer review 3 community comments before your comment can be posted

MavericKids vol 3

How can a child learn to read if they don't have a book?

81% of South African children aged 10 can't read for meaning. You can help by pre-ordering a copy of MavericKids.

For every copy sold we will donate a copy to Gift of The Givers for children in need of reading support.

A South African Hero: You

There’s a 99.8% chance that this isn’t for you. Only 0.2% of our readers have responded to this call for action.

Those 0.2% of our readers are our hidden heroes, who are fuelling our work and impacting the lives of every South African in doing so. They’re the people who contribute to keep Daily Maverick free for all, including you.

The equation is quite simple: the more members we have, the more reporting and investigations we can do, and the greater the impact on the country.

Be part of that 0.2%. Be a Maverick. Be a Maverick Insider.

Support Daily Maverick→
Payment options