Intel's Foreign Conduct Off Limits In Class Action

Law360, New York (March 9, 2007, 12:00 AM EST) -- A court has granted Intel Corp’s motion to dismiss claims of foreign misconduct brought in an antitrust class action by U.S. consumers.

In a ruling Wednesday federal judge Joseph Farnan said plaintiffs claims that Intel’s alleged foreign misconduct had a direct bearing on domestic prices for microprocessors was too much of a stretch for the court.

He said the argument that the weakened condition of rival companies led to price hikes for overseas PC manufacturers, which in turn caused higher wholesale PC prices, which in turn...
To view the full article, register now.