Nvidia settles GPU price fixing lawsuit

A long-standing class action case against Nvidia for allegedly conspiring with AMD “to fix, raise, maintain and stabilize prices of graphics processing chips and cards” is finally nearing an end, according to documents filed with the SEC last week. As a part of the settlement Nvidia would be required to pay $850,000 into a $1.7 million fund that will be made available for payments to the class, with AMD left to make up the rest.

The class includes anyone who bought a graphics card directly from either ATI or Nvidia's websites in the US between 4th December 2002 and 7th November 2007. The agreement, which is still subject to court approval, also includes an $112,500 payment to the individual plaintiffs who brought the case to court, in exchange for a dismissal of all claims and appeals they made.