Intel EU Ruling

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What Mickey said. Someone please ban this guy. - Bill Hooker

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“Now there's something else at Intel that just doesn't add up. Painful as it might be, the sooner the company comes clean, the better.” - CyberNova

“Luckily for Intel and Microsoft, end users have been blissfully ignorant of what happens in the high-tech industry. But that won't last forever.” - CyberNova

“I still found myself stunned by the behavior of Intel documented by the European Commission in its antitrust case. One would hope that even the most aggressive of competitors would find a line it would not cross. One would hope that a large public corporation would not engage in systematic behavior that could risk eroding the company's hard-won reputation built over decades should it ever come to light. But in Intel's case, apparently not. Instead, it appears that some executives at this legendary company have misplaced their moral compass.” - CyberNova

“Intel's behavior even seems egregious when compared to some of the worst accusations leveled against Microsoft during the days when it faced its own antitrust legal problems. Yes, Microsoft may have been heavy-handed in dealing with PC makers in requiring them to take its browser so it could suffocate Netscape. But it never paid people to not distribute Netscape Navigator.” - CyberNova

“Intel's challenge is less financial, but no less challenging. While it remains the dominant chip company in the world, and is likely to keep doing so, it now must find a way to restore its once lustrous reputation.” - CyberNova

“Indeed, if Intel's claims are valid, and it's been extending only healthy, procompetitive rebates and discounts to its customers, one would anticipate that those customers - which do include Japanese, Korean, and European companies - would have been singing Intel's praises when regulators came to chat with them.” - CyberNova

“Fortunately, more and more of the raw evidence is going to be worming its way into the daylight in the months ahead. In mid-June, discovery will be completed in the civil litigation between AMD and Intel, and by the end of this year summary judgment motions will probably be publicly filed, doubtless appending exhibits that will shed light on the relative merits of each side's... more... - CyberNova

“Even before this palpable new pendulum shift, Intel's legal arguments looked dicey. Now they're beginning to look far-fetched” - CyberNova

“The Federal Trade Commission, which opened a formal investigation into Intel’s business a year ago, should decide without delay whether to pursue the company in court. The issue is not just whether Intel’s tactics against A.M.D. amount to illicit behavior. The larger question is whether Washington is willing to pursue monopolies vigorously for predatory practices and foster an environment where competition and innovation can thrive.” - CyberNova

“The American economy cannot thrive without antitrust laws. It is time to start enforcing them.” - CyberNova

“For once, America is running at top speed to catch up with the European Union. In levying a record fine against Intel, the world’s largest chipmaker, the EU competition authorities have let it be known that a dominant company’s efforts to crush rivals by threatening customers or rigging a price schedule will not be tolerated. President Barack Obama’s new team is in the early stages of saying “we agree”. - CyberNova

“Surely, the need to keep entry open, to prevent coercion of customers, to penalise anticompetitive pricing and other practices is as great, or perhaps even greater, when we deal with the innovative sector of the economy. The venture capitalists who often provide backing for new entrepreneurs know this – without some assurance that the newcomer will not be unfairly squashed, they will zip their wallets.” - CyberNova

“Take it from a conservative economist who prefers less to more government: if markets are not competitive, or if they are otherwise failing to function properly, it takes the long arm of government to protect the invisible hand.” - CyberNova

"The monetary damages may not amount to much, but restricting its business practices -- sort of akin to splitting the Windows behemoth into its component parts -- could have a real effect on the dynamics of the two-player processor industry. And when Hewlett-Packard (NYSE: HPQ), Dell (Nasdaq: DELL), and other system integrators start adjusting their global expectations to what they're doing in Europe, Intel could be in real trouble -- everywhere." - CyberNova

"Microprocessor giant Intel Corp. took a beating by the European Commission on Wednesday as regulators fined the company $1.45 billion for violating antitrust rules by engaging in illegal anticompetitive practices to exclude competitors from the market for computer chips called x86 central processing units." - CyberNova

The international significance of the ruling should not be overlooked, Computer & Communications Industry Association President Ed Black said. Black said he hoped that the Justice Department and FTC will take note. "Since the evidence has been compelling to all those who so far reviewed it, a vigorous U.S. investigation focused on the evidence in the case leaves us believing Intel will have its day of reckoning in the US as well." - CyberNova

"The main damage to Intel is bad publicity and the assault on its reputation." - CyberNova

"The outcome of Europe's eight year long investigation into Intel will be seen as another milestone in regulators efforts to find competition polices that deliver real change." - CyberNova

"The European Commission imposed a $1.45 billion fine on Intel Wednesday for violating antitrust laws and imposing anti-competitive terms in its contracts with retailers and computer makers." - CyberNova