EU likely to fine Intel for anti-competitive behavior

[heruamon]

crumas2 said:

NJ5 said:
@crumas2: Maybe I shouldn't have put it that way, but I was dismayed to see someone say the EU has nothing to do with this because it's between two American companies. When clearly these things were happening under EU's jurisdiction, making it trivial to say it's EU law to be applied.

I'm not sure why they're not going after the retailers. It depends on what the law is, perhaps this is not considered a real bribe so Intel only got nailed for it because they're already a monopoly, so the rules are more strict on them. But I'm just guessing here.

Understood.  And I wasn't being very clear by saying it's none of the EU's business.  I guess I should have said that the massive fine approach to foreign companies that violate EU trade laws is more of a tax than an appropriate response.  Had an EU company and/or EU consumers being significantly damaged by the behavior (which I will argue they were not), then I could understand a significant fine, but not $1b.

 

LOL...the EU law is so riddiculous, it's not even funny...up to 10% of the Companies Revenue...WTF kinda system is that!