Apparently there's been an ongoing antitrust lawsuit going on between ATi and Nvidia in 2006 but some recent evidence have turned up with an e-mail between Nvidia's Dan Vivoli to ATI's Dave Orton in 2002:
"I really think we should work harder together on the marketing front. As you and I have talked about, even though we are competitors, we have the common goal of making our category a well positioned, respected playing field. $5 and $8 stocks are a result of no respect."
This suggests that the two companies were fixing prices and releasing cards at the same time.
source: http://play.tm/wire/click/2015066
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