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Thread: EU slaps a record fine on Intel

  1. #21
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    Re: EU slaps a record fine on Intel

    Quote Originally Posted by MrVicchio View Post
    ...

    And...

    Suppliers could chose not to take the money. You only have 2 choices, AMD and Intel. Intel had the better products.

    Sorry, but I look at the computing world from a different perspective, same reason I disliked the hit on MS from the EU (even though I am not a fan of MS)

    If Intel starts making crap chips the computer world will turn on them. That's that.
    This isn't about the product. This is about Intel trying to force a competitor out of the market with unfair business practices.

    As hard as it is for many to admit or understand, even a capitalist market can be manipulated in unfair ways that don't "auto-correct" themselves as many wish to believe. Therefore, pro-active measures must be taken to limit such unfair manipulations.
    If you believe in the Supernatural then you can become a millionaire!

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    Re: EU slaps a record fine on Intel

    Quote Originally Posted by kaya'08 View Post
    Europe is hopeless. Please dont listen to Pro-EU debaters, because unless there euroskeptic, there insane. Why? Because by advocating the union, they advocate a dismantled Europe for a super state with no national identity or heart, no culture, PC policies that destroy the justice system and hurt our freedom of speech, eat away at our civil liberties, immigrants that destroy our society and fuel the already falling social decline of our nations, take the soviereign away from countries and its people, and squabble about pathetic issues and policies between member states while the real issue at hand is quickly slipping away or has become much worse. They refuse to give any real contribution to your efforts to protect the world from terrorists in the ME (This does not include Britain or Turkey) and bear im mind NATO was divised for our security.

    Europe has no future, it is politically flawed, divisions burden any real cooperation between member states and there is no hope for it or its members.
    OMG, Kaya just expressed a vision of AmeriKas future with the Liberal Democrats in charge and the steady march to the Community Organization of the American States.

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    Re: EU slaps a record fine on Intel

    Quote Originally Posted by scourge99 View Post
    This isn't about the product. This is about Intel trying to force a competitor out of the market with unfair business practices.

    As hard as it is for many to admit or understand, even a capitalist market can be manipulated in unfair ways that don't "auto-correct" themselves as many wish to believe. Therefore, pro-active measures must be taken to limit such unfair manipulations.
    Without taking a side in this argument; do you think that slapping a $1.45 billion fine on a publicly traded company is a good idea? Do you think this will promote business in the EU and not create the opposite effect by removing the only OTHER supplier of chips?

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    Re: EU slaps a record fine on Intel

    Quote Originally Posted by Truth Detector View Post
    Without taking a side in this argument; do you think that slapping a $1.45 billion fine on a publicly traded company is a good idea? Do you think this will promote business in the EU and not create the opposite effect by removing the only OTHER supplier of chips?
    I don't know the details to be in a position to say exactly what punishment should occur. But yes, $1bill+ sounds extreme.
    If you believe in the Supernatural then you can become a millionaire!

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    Re: EU slaps a record fine on Intel

    Quote Originally Posted by MrVicchio View Post
    No, it played the market and pushed it's superior product aggressively. I knew that the idea of competition was becoming alien to Europeans, but this really highlights why the EU is falling further down in competitiveness. If you don't give your competitors the advantage, you're screwed.

    No wonder Eurasia is your future, you guys gave up and are complacent.
    No they paid computer makers and sellers to NOT sell any other product but theirs, plus they threatened the same makers and sellers that if they did not agree to the terms then they would not be allowed to sell Intel products. No matter how you twist it around, they engaged in anti competitive behaviour and against the free market principles that you so oh love. If they were allowed to continue with their behaviour then they would have driven AMD and others (yes there are other chip makers) out of business with their practices.

    I fully understand your hatred for anything non American and your wish to defend anything American regardless how disgusting it is (torture, rape, murder and genocide included) but in the real world and even in the US, when a company uses methods like what Intel have used and destroys evidence on top of that, then they pay the penalty for doing so.

    It amazes me that people like you, a supposed right winger with free market principles would even contemplate to defend any company that uses such practices.. what is next, defending the mob for competing against the police to protect your local greengrocers? Sure they forced you local greengrocer to pay protection money and only accept supplies from their distributors but hey, they kept him safe right?
    PeteEU

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    Re: EU slaps a record fine on Intel

    Quote Originally Posted by Harry Guerrilla View Post
    What do Standard Oil, AT&T and Intel have in common?

    None of them were monopolies, but the government treated them as such.
    Standard oil used unfair business practices to achieve its near monopoly. This included murder, extortion and blackmail and good old fashioned beat the crap out of people.

    AT&T was huge and a near monopoly too. You cant deny that. At the time it was one of the biggest companies in market share and price in the world. Now I can agree the splitting up of AT&T was a waste of time, because instead of one big company now you have regional monopolies that have put the US back in the telecommunications world. Lack of competitors and lack of willingness to do anything about it has put the US in certain areas no better than an up and coming telecommunication nations in Europe and the 3rd world.

    Intel is a near monopoly too. No matter how you slice or dice it, Intel can trounce its very few competitors if it wanted to. When you sit on 70%+ of the market then you in reality own that market up to a degree. And if the company in question is not watched like a hawk for exploiting this massive market advantage in an anti competitive way then the company will do so.. we have seen it before and will see it again. And for the record, I am an Intel man because they have the superior product (for now).

    Monopolies or near monopolies are in no ones interest regardless if it is an EU company, Japanese company or an American company. But I guess the nationalistic cloud of stupidity triumphs over logic and common sense yet again.
    PeteEU

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    Re: EU slaps a record fine on Intel

    Quote Originally Posted by PeteEU View Post
    Standard oil used unfair business practices to achieve its near monopoly. This included murder, extortion and blackmail and good old fashioned beat the crap out of people.

    AT&T was huge and a near monopoly too. You cant deny that. At the time it was one of the biggest companies in market share and price in the world. Now I can agree the splitting up of AT&T was a waste of time, because instead of one big company now you have regional monopolies that have put the US back in the telecommunications world. Lack of competitors and lack of willingness to do anything about it has put the US in certain areas no better than an up and coming telecommunication nations in Europe and the 3rd world.

    Intel is a near monopoly too. No matter how you slice or dice it, Intel can trounce its very few competitors if it wanted to. When you sit on 70%+ of the market then you in reality own that market up to a degree. And if the company in question is not watched like a hawk for exploiting this massive market advantage in an anti competitive way then the company will do so.. we have seen it before and will see it again. And for the record, I am an Intel man because they have the superior product (for now).

    Monopolies or near monopolies are in no ones interest regardless if it is an EU company, Japanese company or an American company. But I guess the nationalistic cloud of stupidity triumphs over logic and common sense yet again.
    Okay, your typical emotional hysterics aside, I assume then that you seem to have NO issue with Government monopolies; is that right?

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    Re: EU slaps a record fine on Intel

    Quote Originally Posted by Harry Guerrilla View Post
    Vich they were paying suppliers to not use AMD products.

    Very anti competitive.
    What's wrong with that?

    Blame the OEM, not Intel.

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    Re: EU slaps a record fine on Intel

    Quote Originally Posted by MrVicchio View Post
    You forgot one:

    5. a Board game from Milton Bradly played by evil rich kids.
    Naw, I say that it has the ability to get good friends at each others throats within 10 minutes of playing the game.
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  10. #30
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    Re: EU slaps a record fine on Intel

    Economic policy needs to be a science, not a religious belief. How one could think it is better for the market to remove all competition using strongarm tactics boggles the mind. History tells us what happens when Intel doesn't have any good competition. They rationally seek to maximize profits by abusing the fact that they control supply without competition. How exactly is that good for the consumer? How is it good for capitalism to remove the basic principles of competition?

    Thinking that large corporations won't exploit the power given to them is just as naive as the communists views on what government does with similar powers.

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