Intel Facing Huge Fines from European Union

[JMcEntegart]

Those European Union Antitrust regulators are having a busy week, folks, and today reports suggest the EU could impose its biggest ever market-dominance related fine on Intel.

Intel Facing Huge Fines from European Union : Read more

 

[simplyderp]

Business as usual.

 

[tenor77]

EU, I don't know where to begin.....

 

[FlayerSlayer]

I used Intel from 386 to Pentium II, then used AMD for Athlon and Athlon64, and I recently went back to Intel for Core2Quad and Core i7. I like both companies, but go with whoever offers the better chip that generation.

I just want them both to compete with their products, not underhanded business deals. Even if you hate AMD, their existance brings quality up and prices down for Intel chips.

 

[A Stoner]

AMD did not get market share because people like me had already invested in Intel hardware and were not willing to make a full conversion of our computers. Companies did not buy AMD hardware, because companies typically look for products that have a long reputation of reliability, and pure power is great, but if it does not work, it is worse than worthless to them. The typical time period for large companies to evaluate a new product before implementing is between 18 months and 2 years. Thus, any compnay that already updated the year before would not even be close to ready to change until after that entire 3 year period of domination is over. That is why AMD did not take market share, along with Intel doing the right things in its sales, which is lower prices to match the compitition.

 

[Guest]

Those business practices are consistent with how the Torah states that descendants of the tribe of David may treat businesses owned by gentiles... It all depends on what "law" you're following...

 

[BSMonitor]

You think this is anything less than the EU robbing an American company for a billion dollars, think again...

AMD gets nothing out of this except, I told you so..

 

[A Stoner]

One other thing. Companies that sell products learn this early on. If you are not selling what people are buying, it does not matter what the cost to make it was. Thus, if Dell was selling a product that people did not want to buy (Intel), they simply would have gone broke with a huge inventory of (Intel). AMD has to sell it's product, and that means convincing customers to buy it's products over Intel's. That is a PR thing, not a Dell thing. It is not Dell's job to convince customers to buy AMD's products. Dell's customers for the most part get to tell Dell what to build. Same goes for HP and every other computer seller.

 

[Guest]

Good Job!!!! Go the EU competition is good for all as long as the playing field is even.

 

[garydale]

Good for the EU. I've got nothing against Intel. Generally they've been good corporate citizens making decent products and releasing technical data & assisting with open source drivers for their hardware.

However, anti-competitive / monopolistic business practises cannot be excused. Compete on the merits of your product, not on the size of your wallets.

 

[roofus]

[citation][nom]BSMonitor[/nom]You think this is anything less than the EU robbing an American company for a billion dollars, think again...AMD gets nothing out of this except, I told you so..[/citation]

Smartest comment I have seen so far. AMD will get nothing but a "it should be ok now" out of the deal. IF...big IF Intel does pay the fines, the EU will absorb most if not all of it. This isn't about fairness to them. It is about money.

 

[SpadeM]

It's not about robbing the poor American corporation, the article say so:
"It seems the European Union has a big problem with the way Intel has been doing business, in particular rebates to computer makers and retailers." so it's not about who's processor is bigger it's about the way Intel has been doing business with OEMs or big retailers, to favor their products instead of AMD. And if Intel is found guilty of such practices then you've got only Intel to blame for it's loss in profit.

PS: I wonder if a European corporation would have done the same in the States, would the comments read: America is robbing an European company.

Ignorance is bliss

 

[jsloan]

first microsoft, now intel, god dambed pinko communists.

they first messed up the health sector and now the technology sector.

we are going from healthcare for everyone to computers for everyone.

socialist bastards, damb you all to hell. ;-)

 

[falchard]

I agree, Europe is floundering and now they are suing every major foriegn corporation. This is just a ploy to steal money for their bloated socialized governments.

 

[Guest]

Exactly roofus, don't know why anyone else hasn't talked about it. Where does the money from these 'fines' end up? Oh, that's right, into the EU's pocket, not the company that was most affected by the other companys practices. If it's true that Intel did underhanded business I think that some rectification should take place, with AMD getting the boost because they were screwed, not the EU.

"Gif moneyz pl0x" ~EU
"No, and for that, no more processors for you..." ~Intel

 

[eddieroolz]

Milk every cent out of American corporations, they say.

 

[megamanx00]

Intel did use some foul practices in the old P4 days. I don't think they have those rebates to big OEMs now, but I do now that they use to hire reps, don't know through who but it wasn't actionlink, who would try and meet with the big chain stores as well as the local small shops to push Intel products. Didn't seem to do much more than hand out promo material, but that all seemed to stop around the time this anti competitive legal stuff started.

 

[cerulean]

I'm not sure how this really makes sense. Any fines collected by the EU from this suit won't be going straight into AMD's pockets, despite their claim that they are doing it due to unfair pricing models and business practices against AMD. The only thing this will trigger is a delay in price drops on Intel's part until they make up the difference. With their domination on the upper mid-high market, there is no competition (and unfortunately won't be for quite some time ). It seems like a poor method to collect some extra cash to fund some other stupid government program.

#!$% bureaucrats.

 

[superblahman123]

It looks to me like the EU is just trying to call foul for the sake of drawing in revenue for themselves. I find it hard to believe that the EU is just "trying to keep everything fair" for AMD. Intel is just doing business, and they should be able to do business in any way they see fit as long as they aren't breaking any *WRITTEN* laws.

Between them suing Intel and Microsoft, they seem to be very fine-happy.

Thank god Wal-Mart stays in America, they'd be getting reemed in Europe.

 

[Elsapo]

So the prevailing opinion here is that, it is okay for a the bigger company to pay to have their competitions goods not reach market. Just clarifying because it seems that way to me.

 

[Guest]

If US had laws against stupid corporate greed, the economy wouldn't have crashed.

Monopolies are bad. With the fines, EU only wants to keep intel from doing it again. At least it worked with Microsoft.

 

[greliu]

LOL, this is just the EU playing politics... like everyone has said. They aren't trying to keep it fair, they just want some money, that's all. Don't worry, here in America, if we do this green tech and industry, once we ship it over there, it will get fined too. Thats what the EU does. They have become very good at stealing from someone, and when caught say, OMG look theres a robber over there! Assholes.

 

[13hawk]

"So the prevailing opinion here is that, it is okay for a the bigger company to pay to have their competitions goods not reach market."

Yes... that is the prevailing opinion here. Welcome to life. Not everything is always "fair". Sometimes you are better than everyone else, Sometimes the other guys just suck. Sometimes you deserve to win. Sometimes you deserve to get paid more. You Communists/Socialists can continue to whine and connive your way to having your kids get trophies for showing up to games and every child graduates whether or not they put in any work... but until you learn the facts of life and the way business works all that is happening to you is YOU being deceived by those people doing things for "your good" while they get rich and everyone else gets poor.

 

[Elsapo]

[citation][nom]13hawk[/nom]"Yes... that is the prevailing opinion here. Welcome to life. Not everything is always "fair". Sometimes you are better than everyone else, Sometimes the other guys just suck. Sometimes you deserve to win." Sometimes you deserve to get paid more.[/citation]

Agreed.
[citation][nom]13hawk[/nom]
You Communists/Socialists can continue to whine and connive your way to having your kids get trophies for showing up to games and every child graduates whether or not they put in any work[/citation]

My stuff is mine! I am not a communist\socialist. No kids, and I'd rub it in your face if won. As for graduating empty vessels, not for it.

[citation][nom]13hawk[/nom]
... but until you learn the facts of life and the way business works
[/citation]

You must have some sort of mafia connections.

[citation][nom]13hawk[/nom]
all that is happening to you is YOU being deceived by those people doing things for "your good" while they get rich and everyone else gets poor.[/citation]

You lost me here... If I understand correctly Intel is trying to ensure that you get the best experience on your PC (Something for your good). therefore that makes it okay for them to make sure you can buy only their products..(they get rich) at increasingly higher prices (you get poor).... You've made your point. I don't know shit, but apparently you don't understand what you know.

 

[lordfakie]

Wea Americans have the greates scammers an thiefs. Enron, Madoff, etc.. Why so many people are so choked that Intel Might have done this? If its true EU its just looking for their share, after all intel made way more money with this stunt than waht EU may be charging.