EU likely to fine Intel for anti-competitive behavior

[NJ5]

heruamon said:

NJ5 said:

heruamon said:

nojustno said:
Wow that must burn a hole in their finances

This is going to be a fight at the WTO...because this smacks of a set of countries shaking down some foreign companies.

How can this be such a big deal if California with its 35 million population has fined Microsoft for $1.1 billion, nearly the same amount? It's like a fifth of Intel's annual profit.

More to the point, I don't understand what "shaking down some foreign companies" could possibly accomplish here, other than the openly stated objective of making the "free market" be a reality unaffected by Intel's monopolisation attempts.

It's not like AMD is a European company. There isn't even a single significant European company competing in this market.

 

 

First off, the companies I'm talking about are M$, Intel, and the pending suit against Apple (which is probably going to expand in short order, now that the shakedown is complete on Intel and M$). You are correct, AMD is a US company, so what is the EU going to do with $1.4 Bln...give it to AMD...who is the plaintiff here...because in that example you were SO quick to pick-up on...and I was just WAITING or somebody to do so,...it was a consolidation of class action lawsuit from consumer...not government. Is the EU saying it is going to award this money to EU citizen's who bought Intel-based PCs, but they wanted AMD computers? What is the endgame here...THIS my friend, is nothing more than a shakedown by EU regulators...go to ANY retailers and you will find a TON of AMD based desktop...I can take pictures at WALMART, Bestbuy, Target, etc etc etc if you want, PLUS online...this is going to end badly...I can guarantee you that.

 

It's a fine. A fine doesn't get distributed to the harmed parties, the same as with other crimes. As I said before, I don't see why AMD wouldn't be able to sue for damages and receive compensation from Intel. But that would be a separate case in court.