{"id":40919,"date":"2009-11-12T13:35:19","date_gmt":"2009-11-12T18:35:19","guid":{"rendered":"tag:betanews.com,2007:article-1258050734"},"modified":"2009-11-12T13:35:19","modified_gmt":"2009-11-12T18:35:19","slug":"the-agreement-intel-and-amd-wipe-the-slate-clean","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/40919","title":{"rendered":"The agreement: Intel and AMD ‘wipe the slate clean’"},"content":{"rendered":"

By Scott M. Fulton, III<\/a>, Betanews<\/a><\/p>\n

\"IntelThe complete text of this morning’s agreement between AMD and Intel<\/a> was filed with the US Securities and Exchange Commission, and was made public early this afternoon<\/a>. The agreement explicitly brings to an end three<\/i> different legal disputes: the 2005 AMD antitrust suit against Intel in Delaware; the 2005 AMD antitrust suit against Intel in Tokyo, Japan; and Intel’s objections to AMD’s restructuring plan, specifically to spin off GlobalFoundries from a subsidiary to an independent unit.<\/p>\n

The agreement acknowledges the gist of AMD’s complaints about Intel’s prior conduct, but Intel does not in turn acknowledge having acted as AMD suggested. But from there, the agreement effectively acts as if to say, “You know what? Let’s forget about all that and start over.”<\/p>\n

“To avoid the time and expense of litigation, and without any admission of liability or fault, the Parties wish to fully, finally and forever resolve, compromise and settle the Actions on the terms and conditions set forth below,” the agreement explicitly reads. “Further, Intel and AMD acknowledge that for most of the last three decades, their relationship has been difficult, challenging and often acrimonious. Intel and AMD wish to change that relationship going forward, both by ‘wiping the slate clean’ as to all past grievances, and by approaching future grievances in a constructive manner designed to address and resolve such grievances amicably, if possible.”<\/p>\n

The business practices which Intel has agreed to abide by, are very carefully worded so as not to suggest that Intel never abided by them in the first place. For example, the agreement does not say Intel will “discontinue” any practice, or “refrain from” doing something, which would imply that it did so in the past.<\/p>\n

It’s a long section, but what it boils down to is the following:<\/p>\n