US Dept. of Justice Spares ATI of Antitrust Charges

btarunr · Oct 14, 2008

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.

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a111087 · Oct 14, 2008

so, Nvidia will the only one to pay?

timta2 · Oct 14, 2008

Nvidia probably just hasn't made a statement yet.

Hayder_Master · Oct 14, 2008

hahaha , nvidia deserve this , r700 from ati make nvidia confused and they dropping precise too much , time to kick you snooty

DarkMatter · Oct 14, 2008

lol NONE of them were found guilty, sir... :shadedshu

Nyte · Oct 14, 2008

It's pretty obvious... The charge report filed states that there were secret meetings during the PCI-SIG conventions.

I was there and I wasn't part of any "secret" meeting. That's already enough to debunk the whole suit is fake.

niko084 · Oct 14, 2008

Well.... What a mess, Nvidia pays, nobody found guilty, ATI doesn't pay... What a load of BS...

Intel where are your cards!!!

Selene · Oct 14, 2008

well how could they say NV fixed prices and ATI did not, the whole deal was both drove prices up.
If ATI did not do it, then nor did NV, thats how i see it any way.

Darkrealms · Oct 14, 2008

LoL

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?

WarEagleAU · Oct 14, 2008

IF Ati is not guilty then Nvidia will be not guilty as well. Wouldnt make much sense if Nvidia fixed prices and ATI followed its current business model back then.

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US Dept. of Justice Spares ATI of Antitrust Charges

btarunr

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