NVIDIA details settlement for price fixing fiasco
Way back in December of 2006, NVIDIA and AMD were both pegged for potential price fixing, and nearly two years later it seems it'll finally be paying the piper. A settlement agreement is detailed in a recently filed 8-K form, which asserts that NVIDIA would pay $850,000 into a total fund of up to $1.7 million, with AMD / ATI probably left to make up the rest. Of note, the 8-K filing does mention that all of this is still "subject to court approval," but it's likely that the green light will eventually be given. Outside of that, we're also informed that NVIDIA will be handing over $112,500 to the individual plaintiffs who brought the case to court. Well, we're glad that's settled.
[Via CustomPC]
