Antitrust

Intel Inside Cuomo's Inquiry

Let the computer chips fall where they may. New York Attorney General Andrew Cuomo filed antitrust charges against Intel in a federal court in Delaware Wednesday, alleging that Intel has developed "a worldwide, systematic campaign of illegal conduct," using “bribery and coercion.” Cuomo alleges that for several years the computer-chip company has offered billions of dollars in kickbacks to computer makers—disguised as “rebates”—in order to prevent them from using competitors’ chips. Cuomo’s investigation began in January 2008 and has grown to include scrutiny from several regulators including the Federal Trade Commission. Intel is also reportedly being sued separately by its main competitor, Advanced Micro Devices. “We disagree with the New York attorney general,” said an Intel spokesman.