U.S. chipmaker Intel Corp. has asked for more time to respond to antitrust charges levelled by the European Commission, an official at the European Union's executive arm said today. "We have received a request for an extension from Intel and it is still under consideration," said the official, who asked not to be identified. The Commission in July charged Intel with slashing prices below cost and offering huge rebates in an illegal attempt to drive smaller competitor Advanced Micro Devices Inc. out of the market. The Commission gave Intel until Oct. 8 to respond.
The chipmaker's general counsel said in July that Intel followed the law and that the Commission had made mistakes in its charge sheet. The EU executive has locked horns recently with other U.S. chipmakers, charging Rambus in August with claiming "unreasonable royalties" and opening formal proceedings against Qualcomm in a similar case last week. The Commission is the EU's ultimate antitrust regulator and has powers to fine companies up to 10 percent of their global annual revenues for competition abuses.
News source: Reuters
The chipmaker's general counsel said in July that Intel followed the law and that the Commission had made mistakes in its charge sheet. The EU executive has locked horns recently with other U.S. chipmakers, charging Rambus in August with claiming "unreasonable royalties" and opening formal proceedings against Qualcomm in a similar case last week. The Commission is the EU's ultimate antitrust regulator and has powers to fine companies up to 10 percent of their global annual revenues for competition abuses.
News source: Reuters
Corrupt? Based on what? Who is corrupting them, the fact they're going after companies should atleast tell you they're not being paid off by monopolies, or any company for that matter.
Maybe first Microsoft because they were breaking EU rules (the rule of land in the EU), now Intel because they are also doing something wrong ...
There are differences between the EU and US competition authorities, the US looks out for competition by ensuring the consumer has a choice today, the EU looks out for competition by ensuring companies can compete faily against each other.
But I'm sure we should just do everything the US do, I'll get the form out for becoming the 51st state and we can live happily ever after under Dubya.
Last edited by SimpleRules on 08 Oct 2007 - 18:25
Corrupt? Based on what? Who is corrupting them, the fact they're going after companies should atleast tell you they're not being paid off by monopolies, or any company for that matter.
Maybe first Microsoft because they were breaking EU rules (the rule of land in the EU), now Intel because they are also doing something wrong ...
There are differences between the EU and US competition authorities, the US looks out for competition by ensuring the consumer has a choice today, the EU looks out for competition by ensuring companies can compete faily against each other.
But I'm sure we should just do everything the US do, I'll get the form out for becoming the 51st state and we can live happily ever after under Dubya.
Maybe. However, I do think the EU/EC should think before acting sometimes. (see Windows XP N edition)
Why don't you travel to Europe sometime and tell me why everything operates under cash. People don't want to pay the ridiculous taxes that the EU levy. Corruption is spread all over the EU. Money makes the EU go 'round.
Yep, it's extreme-patriotism, at least that's what i call it.
I wonder why nobody ever mentions the other countries investigating this and other antitrust cases:
http://www.theregister.co.uk/2007/09/11/so..._against_intel/
http://www.internetnews.com/bus-news/article.php/3697541
Of course, you can chose to simply ignore the fact that Intel will, most probably, be being investigated by 3 seperate bodies in 3 seperate countries. Surely that provides some sort of proof that Intel are operating unfairly.
Also should point out that Intel just happened to lose a hell of a lot of emails that were pertinent to the antitrust case
AMD wants Intel to recover missing e-mails
So, anyone going to have a go at the South Koreans? Or petition the FTC not to investigate Intel?!
They're running at a loss, but also I think the rebates are also used in a nother uncompetitive manner, to get exclusivity so they'll only go to Intel for chips.
Not sure how any of that helps the consumer, perhaps today we can enjoy below-cost CPUs but in a few years ...
Do you honestly think that Intel won't jack up the prices to make that money back once AMD is out of the market?
Last edited by 4tehlulz on 08 Oct 2007 - 18:53
Do you honestly think that Intel won't jack up the prices to make that money back once AMD is out of the market?
Intel isn't selling chips below marginal cost. They're making a profit right now, in case you haven't realised.
While the EU of course is within their jurisdiction to pursue companies for antitrust, it seems like that's all they've been doing in the past few years.
Oh, and drafting legislation to move the British to the metric system. *sigh*
IMO the only productive thing the EU has brought to Europe is the Euro and the easier clearing of immigration.
Guess you should have read the article as that's exactly what Intel have been accused of doing:
Really? Well seeing as there's so much they do, you can keep up to date here: http://europa.eu/press_room/index_ns_en.htm
Well that's funny because they canned that a month ago. Also it's pretty pathetic that we cling on to a system given that for decades the metric system has been taught in our schools. Running dual systems is simply stupid and confusing (ask NASA if you don't believe me!
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