Cuomo vs Intel

By Incorrect Author 5 November 2009

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


While we have your attention...

An increasingly rare commodity, quality independent journalism costs money - though not nearly as much as its absence.

Every article, every day, is our contribution to Defending Truth in South Africa. If you would like to join us on this mission, you could do much worse than support Daily Maverick's quest by becoming a Maverick Insider.

Click here to become a Maverick Insider and get a closer look at the Truth.

United Nations

Ramaphosa urges world leaders to ‘end the wars’ and prove themselves worthy of Mandela

By Peter Fabricius

Adolf Hitler was the first European leader to ban human zoos.