AMD Clear of Antitrust Violations

The company received a subpoena from the Justice Department in 2006. It was notified of an investigation into possible antitrust violations for its graphics processors. The company purchased ATI for $5.4 billion earlier that year.

By: John Lester
Staff Writer
Published: Oct 13, 2008

Advanced Micro Device Inc on Monday said the Justice Department has closed their investigation. AMD was notified that no action will be taken. The business technology company was accused of antitrust violations.

Advanced Micro Device Inc on Monday said the U.S. Department of Justice has ended its probe. The business technology company was being investigated into potential antitrust violations. The violations involved its graphics chips. The company was notified that no action will be taken.

The company was notified by the Department of Justice on Friday. The probe investigated ATI Technologies, owned by AMD, on its pricing and marketing practices.

AMD acquired ATI Technologies in October 2006. The investigation started in December 2006 when subpoenas were sent to AMD and Nvidia Corporation.

The investigation was based on consumer complaints. The complaints alleged that AMD and Nvidia conspired to fix, raise, maintain, or stabilize the prices of graphics processing units and cards in violation of federal antitrust law and/or state antitrust law.