Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Intel
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
====Allegations by regulators in the United States (2008β2010)==== New York started an investigation of Intel in January 2008 on whether the company violated antitrust laws in pricing and sales of its microprocessors.<ref>{{Cite news|url=https://www.nytimes.com/2008/01/10/technology/10cnd-chip.html|work=[[The New York Times]]|title=Intel Gets New York Subpoena in Antitrust Inquiry|first=Nicholas|last=Confessore|date=January 10, 2008|access-date=May 5, 2010}}</ref> In June 2008, the [[Federal Trade Commission]] also began an antitrust investigation of the case.<ref>{{Cite news|title=In Turnabout, Antitrust Unit Looks at Intel|url=https://www.nytimes.com/2008/06/07/technology/07chip.html|work=The New York Times|date=June 7, 2008|access-date=December 31, 2008 | first=Stephen | last=Labaton}}</ref> In December 2009, the FTC announced it would initiate an administrative proceeding against Intel in September 2010.<ref>{{cite web|url=http://ftc.gov/opa/2009/12/intel.shtm |title=FTC Challenges Intel's Dominance of Worldwide Microprocessor Markets |publisher=Ftc.gov |date=December 16, 2009 |access-date=July 29, 2010}}</ref><ref>{{cite web|url=http://online.wsj.com/article/BT-CO-20091217-712217.html|date=December 17, 2009 |title=FTC's Intel Lawsuit To Test Scope Of Agency's Antitrust Power |website=WSJ.com |archive-url=https://web.archive.org/web/20100118015722/http://online.wsj.com/article/BT-CO-20091217-712217.html|archive-date=January 18, 2010|url-status=dead}}</ref><ref>{{cite web|url=http://www.ftc.gov/os/adjpro/d9341/091216intelcmpt.pdf |title=United States of America Before The Federal Trade Commission |publisher=FTC |access-date=January 8, 2013}}</ref><ref>{{cite web|last=King |first=Ian |url=http://www.businessweek.com/technology/content/dec2009/tc20091216_885383.htm |title=FTC Wants Intel to Repent, Not Pay Up |work=BusinessWeek |date=December 16, 2009 |access-date=July 29, 2010 |url-status=dead |archive-url=https://web.archive.org/web/20100125122437/http://www.businessweek.com/technology/content/dec2009/tc20091216_885383.htm |archive-date=January 25, 2010 }}</ref> In November 2009, following a two-year investigation, [[New York Attorney General]] [[Andrew Cuomo]] sued Intel, accusing them of bribery and coercion, claiming that Intel bribed computer makers to buy more of their chips than those of their rivals and threatened to withdraw these payments if the computer makers were perceived as working too closely with its competitors. Intel has denied these claims.<ref>{{Cite news|title=Intel in threats and bribery suit|url=http://news.bbc.co.uk/2/hi/business/8343179.stm|work=BBC News |date=November 4, 2009|access-date=December 18, 2009}}</ref> On July 22, 2010, [[Dell]] agreed to a settlement with the [[U.S. Securities and Exchange Commission]] (SEC) to pay $100 million in penalties resulting from charges that Dell did not accurately [[Corporation#Financial disclosure|disclose]] accounting information to investors. In particular, the SEC charged that from 2002 to 2006, Dell had an agreement with Intel to receive rebates in exchange for not using chips manufactured by AMD. These substantial rebates were not disclosed to investors, but were used to help meet investor expectations regarding the company's financial performance; "These exclusivity payments grew from 10% of Dell's operating income in FY 2003 to 38% in FY 2006, and peaked at 76% in the first quarter of FY 2007."<ref>{{cite web|url=https://www.sec.gov/news/press/2010/2010-131.htm|title=SEC Charges Dell and Senior Executives with Disclosure and Accounting Fraud (Press Release No. 2010-131; July 22, 2010|website=www.sec.gov}}</ref> Dell eventually did adopt AMD as a secondary supplier in 2006, and Intel subsequently stopped their rebates, causing Dell's financial performance to fall.<ref> {{Cite news | last = Gibb | first = Gordon | title = Dell Agrees to $100 in Penalties to Settle SEC Accounting Fraud Charges | publisher=LawyersandSettlements.com | date = July 24, 2010 | df = mdy-all | url = http://www.lawyersandsettlements.com/articles/14615/business-fraud-unfair-accounting-dell.html | access-date =July 25, 2010}}</ref><ref> {{Cite news | last = Krantz | first = Matt | author2=Swartz, Jon | title = Dell settles SEC charges of fraudulent accounting | newspaper=[[USA Today]] | date = July 24, 2010 | url = https://www.usatoday.com/money/industries/technology/2010-07-22-dell-sec-settlement_N.htm | access-date =July 25, 2010}} </ref><ref> {{Cite news |first=Kevin |last=Reed |title=Dell pays $100m penalty to settle accounting fraud charges |url=http://www.accountancyage.com/accountancyage/news/2266948/dell-pays-100m-penalty-settle |work=[[Accountancy Age]] |date=July 23, 2010 |access-date=July 25, 2010 |url-status=dead |archive-url=https://web.archive.org/web/20100725104512/http://www.accountancyage.com/accountancyage/news/2266948/dell-pays-100m-penalty-settle |archive-date=July 25, 2010 }} </ref>
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Intel
(section)
Add topic