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Forums - PC - EU likely to fine Intel for anti-competitive behavior

heruamon on 15 May 2009
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! 



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mikescoff on 15 May 2009
MrBubbles said:
EU has to pay for their welfare states somehow. cant really expect the other countries to do it...

 

To Europe, which is still the richest continent on Earth, 1 billion dollars is pocket change. This is simply to set an example to agressive, highly capitalist American companies that they need to show some moral restraint and respect their competitors and the consumer.



Kasz216 on 15 May 2009
mikescoff said:
MrBubbles said:
EU has to pay for their welfare states somehow. cant really expect the other countries to do it...

 

To Europe, which is still the richest continent on Earth, 1 billion dollars is pocket change. This is simply to set an example to agressive, highly capitalist American companies that they need to show some moral restraint and respect their competitors and the consumer.

Europe is the richest continent on Earth? Are Canada and Mexico that poor?  I mean the EU's GDP is only a little bit greater then the US GDP.