Intel hit with another antitrust suit for competing unfairly

[skipper50]

Is there nothing the governments in this country won't do to bring down the economy?

 

[Wagan8r]

I'm sick of the EU coming up with lawsuits for "unfairness". While I'm not defending Intel, I think the EU is more than a little lawsuit happy. They can't compete in a free market, so what do they do? File a lawsuit...

I'd like to see Nvidia get the rights to develop chipsets for the X58 platform. A lawsuit for that I would like.

 

[Rick]

Is there nothing the governments in this country won't do to bring down the economy?

Right on, man! Because obviously the government is trying to completely undermine the country in which it governs.. because.. ahh.. they all live in other countries?

Heh.

 

[Nirkon]

Rick said:
That 1.5 billion fine from the EU is the "cost of doing business" to Intel.

Sure, it's a lot of money -- even to them I'm sure -- But with such a large market share and brand recognition, they'll just raise their prices to compensate.. passing the cost to manufacturers and ultimate to consumers. The damage is done.

Intel isn't what I'd consider a monopoly but they are certainly deserving of anti-competitive practices (which is the issue here). But then again, what company doesn't? On some level, it's the goal of every company to be a monopoly. Right? That can easily involve being anti-competitive in many ways.

So what do you expect AMD to do?
We pay the price because of Intel in the end, whether they are caught or not, prices go up
and the consumer loses money.

But if they are caught then AMD can get their products out on time and in the right price.

 

[pioneerx01]

red1776 said:
while this is 'alleged' at this point...I have a question as legal eaze is not my department. why isn't AMD suing Intel directly?

My question exactly. They are the one that lost the business. But are they getting any money from EU? Noooooo, why would they.
With that mentality I can sue Intel for the same reason.

 

[pmshah]

Rick said:
That 1.5 billion fine from the EU is the "cost of doing business" to Intel.

Sure, it's a lot of money -- even to them I'm sure -- But with such a large market share and brand recognition, they'll just raise their prices to compensate.. passing the cost to manufacturers and ultimate to consumers. The damage is done.

Intel isn't what I'd consider a monopoly but they are certainly deserving of anti-competitive practices (which is the issue here). But then again, what company doesn't? On some level, it's the goal of every company to be a monopoly. Right? That can easily involve being anti-competitive in many ways.

I don't know how it works in Europe or in US but here in India if any individual or a company is penalised of fined, this amount is not a legitimate deductible business expense. So if a company has to pay US$ 1.5 billion in fine they would still have to pay corporate tax of US$ 500 million being 33% currently prevailing tax rate. So the cost of doing business would increase to 2.0 billion dollars, directly out of the shareholders' pockets.

This might get the share holders and the company board thinking !!!!

 

[Guest]

Oh great stuff!

I'm sure AMD pays all these people to go after Intel. I wonder if that would come under investigation?

How does the saying go? All is fair in love and war...

Well, I would pay someone off to investigate my opponent. I'm sure AMD would do the same. And since AMD has been suffering to bring out better CPU's than Intel - I'm sure they would do anything to try and cause damage to Intel.

Why not fine Intel again and again until the prices go up so much that no one would want to buy them. What remains? AMD with their "cheap" prices. It's what they've done from the beginning.

 

[red1776]

Okay, let me rephrase that,
drive to better ourselves = good,
drive based on greed = depressing.
If people made things because they simply wanted to better standards of living, not just line their own pockets, it would be a lot better and things would probably advnace even faster as we wouldn't have companies waiting for their products to make maximum profits etc.

oohhhh....I see, so can you tell me which video card is made with loving and caring,....and which ones are made because someone wanted to make a buck? because I am sure that the one made from the standpoint of bettering humanity will have a better frame rate. ...uhg!

and no, things would not advance faster, the whole system is based on producing something that pleases your fellow man, and that they are willing to spend the results of their labor on. those evil "maximum profits" you disdain so readily are what keep the development of more and even better things that please you, and that we find worthy of doling out the dollars that we get for producing something that pleases our fellow man.

 

[peas]

really?...not a fan huh? then don't ever complain about a crap product you get again, because capitalism is competition. it is what breeds excellence and keeps prices down.
If Intel has indeed done this ,they should be appropriately fined., but good god man, you sound like you have a belly full of the Michael Moore Kool-aid.
....at least you spelled 'aint' correctly.

The end game of capitalism is monopoly. Competition and improvement is a temporary state while businesses kill each other off. Only the govt can intervene to prevent monopolies and keep capitalism in its delicate competitive state.

Nice try at pawning the propaganda machine though.