WASHINGTON, Nov. 19 /PRNewswire/ -- Advanced Micro Devices, Inc., and Intel, Corp., ended litigation over alleged anticompetitive practices in the microprocessor industry by agreeing to a settlement that includes restrictions on certain business practices and a $1.25 billion payout to AMD. The settlement amount is one of the largest in the history of Section 2 litigation. Bates White experts provided extensive analysis throughout the case.

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Disputes between AMD and Intel have been long running and included a monopolization lawsuit filed in 2005 in the United States District Court for the District of Delaware alleging, among other things, a violation of Section 2 of the Sherman Act.

Bates White provided economic analysis on issues of antitrust liability and damages in support of experts hired by O'Melveny & Myers LLP, counsel for AMD. Bates White supported three economics experts -- Stanford University Professor and Bates White Partner Doug Bernheim, Northwestern University Professor Thomas Lys, and Princeton University Professor Mark Watson. Professors Bernheim, Lys, and Watson submitted expert reports on behalf of AMD in the Delaware litigation. These reports were credited by lead counsel Chuck Diamond as being a significant factor contributing to the settlement.

In addition, a number of Bates White academic affiliates contributed to the analysis, including Northwestern University Professors Aviv Nevo and Michael Whinston, Harvard University Professors James Stock and Ariel Pakes, and University of Warwick Professor Gregory Crawford.

The Bates White team provided economic analysis of antitrust issues in the United States, Europe and Asia. The Bates White team included Eric Gaier, Randal Heeb, George Rozanski, Steven Schulenberg, Boris Steffen, Scott Thompson, Halbert White, Elena Bisagni, Jeffrey Brown, Paul Johnson, Paolo Ramezzana, and Joel Simkins.

Resources

• AMD and Intel Settlement Agreement (11 November 2009)
• New York Attorney General's Office Complaint (3 November 2009)
• FTC Investigation (New York Times, 7 June 2009)
• European Commission Decision (COMP/37.990 Intel, 13 May 2009)
  

About Bates White

Bates White LLC is a consulting firm offering services in economics, finance, and business strategy to leading law firms, Fortune 500 companies, and government agencies. We provide our clients with a unique combination of quantitative and analytical expertise and an understanding of business issues across a range of industries. Bates White has offices in Washington DC and San Diego CA. For more information, please visit: www.bateswhite.com.

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