European Commission... first MS, now Intel

[juane414]

Some of you have probably already read this... but here it is anyway.

The European Commission (EC), the executive arm of the European Union (EU), has already brought one mighty opponent to its knees. It fined Microsoft almost $2.6B USD overall for antitrust violations, including fines of $690M USD and $1.4B USD. Microsoft tried to refuse to comply with EC's verdict, but ended up paying for it even more in the end.

Now the EU is pursuing chipmaker Intel for allegedly employing anticompetitive practices such as a price slashing and illegal rebates to drive smaller chipmakers out of business. The EU issued formal charges against Intel in July. Intel responded quickly that the charges were nonsense and that AMD was the one complaining, not the customers. AMD claimed that Intel reaped $60B USD in monopoly profits.

Read more here. (http://www.dailytech.com/Intel+Pleads+Its+Case+in+EU+Antitrust+Court/article11032.htm)

[Shiggity]

It's kind of sad, Europe tarriffs Intel products so highly that they end up costing 1.5-3x what we pay for them in the US and Europe still can't get one chip making company to compete.

Maybe with all the money they're sueing these companies for, they might be able to make a competative product.

Or here's a thought for Europe, hey don't let Intel or AMD sell to you, so your own chip making companies can do something, golly gee.

IMO Europe is just full of it to get more money, but hey Intel and M$ got so much, whats another billion?

[Kuroimaho]

Bluntly put another form of US tax.