The settlement was reached on 16th September for the class action: In re Graphics Processing Units Antitrust Litigation. The class encompasses "purchasers who bought graphics cards directly from the websites of ATI Technologies ULC or NVIDIA in the United States during the period December 4, 2002 to November 7, 2007." The plaintiffs were seeking triple damages and costs.
The filing states that "The Agreement calls for NVIDIA to pay $850,000 into a $1.7 million fund to be made available for payments to the certified class. We are not obligated under the Agreement to pay plaintiffs' attorneys' fees, costs, or make any other payments in connection with the settlement other than our payment of $850,000."
While it's not stated, it must be assumed that the other half of the $1.7 million will be paid by AMD/ATI. A settlement with the sole remaining indirect purchaser was reached on 9th September, which required NVIDIA to pay $112,500 in exchange for a dismissal of all claims. Again it must be assumed that the sum was matched by AMD/ATI.
NVIDIA, AMD settle GPU antitrust suit
Posted on Thursday, Sep 25 2008 @ 16:19 CEST by Thomas De Maesschalck