Way to go EU!!!!  

http://www.bnn.ca/news/9319.html

The European Commission imposed a record 1.06 billion euros ($1.45 billion US) fine on chipmaker Intel Corp. on Wednesday and ordered it halt illegal rebates and other practices to squeeze out rival AMD.

"Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years," European Union Competition Commissioner Neelie Kroes said in a statement.  

(more on the link)

yeah,once again the EUtards are trying to use all the legal firepower they have at their disposal to squeeze as much money as they can from anyone they see as a good target (while trying to look like heroes of law in the eyes of common people).they are just as bad (if not worse) than intel with his shady deals.

they are just going to waste all that money as always-either using it on useless projects that will benefit no one,or just let it evaporate in the belly of the EU bureaucratic machinery (part of it will magically appear on the secret bank accounts of a few selected people-one will need a lot of money to live happily on some small private island once the whole europe turns into a total dump),take your pick.

seeing news like this makes me want to puke.

Oh ok, I know what you mean.... More money going to the thirteen families of the world.  

If I was intel, I would cut them off.

It is a three-edged sword as usual...

On one side, the punishment was long overdue and hits the right guys, no question about it.

On the other side, the damage done to the customers is only a small piece of the cake, as the most damage done was to the competitors - which in turn won't see that fine, just goes into the EU funds.

On the third side, punishing one monopolist while letting other, often even bigger monopolists walk freely due to more intense lobby entanglement inside the EU is just as wrong as the criminal activities intel has long been known to cunduct.

gdonovan wrote on 15.05.09 at 22:59:06:

If I was intel, I would cut them off.

Fine by me, I ain't buying intel anyways. LOL

The EU is doing a good thing with this, as no-one else can do it over here, only downside is, that the cash goes to the EU.

AMD should sue the EU for embassling their missed income. AMD should get a big part of that money in my opinion.

ultima wrote on 20.05.09 at 14:40:01:

The EU is doing a good thing with this, as no-one else can do it over here, only downside is, that the cash goes to the EU.

A 1.45 Billion dollar fine without anything going to AMD is theft, pure and simple.

What is to stop the EU for fining anyone they wish just to line thier pockets?

Cut them off, they will change thier tune quick enough when a few hundred companies start crawling up the buracratic backsides.

Intel is getting investigated (and losing cases) worldwide....

AMD Press Release - May 13, 2009
http://www.amd.com/us-en/Corporate/VirtualPressRoom/0,,51_104_543~131191,00.html

Quote:

A 1.45 Billion dollar fine without anything going to AMD is theft, pure and simple.

Technically it's stealing from thieves, but I agree, damage done should be remedied to AMD.

Business law regulations are really funny. If I sue a business over damaging my own business and win the case - I reveice compensation.

Not in this case, however, makes me think whether the EU initiated their own investigation independently (then it would make sense)...

---------
Not sure if it's the same in the US or on the Asian market, but going through many of the Tier 1 advertising in the print media here, I'm seeing alot of "intel only" Ads.
Upto a point where it really becomes arkward, considering there's very competitive systems to be built with the Phenom II as well.

Is not the difference here that it was the European Commision (for Europe) and not a European court/judge (for involved parties) made the call?

ps47 wrote on 15.05.09 at 20:30:59:

yeah,once again the EUtards are trying to use all the legal firepower they have at their disposal to squeeze as much money as they can from anyone they see as a good target (while trying to look like heroes of law in the eyes of common people).they are just as bad (if not worse) than intel with his shady deals. they are just going to waste all that money as always-either using it on useless projects that will benefit no one,or just let it evaporate in the belly of the EU bureaucratic machinery (part of it will magically appear on the secret bank accounts of a few selected people-one will need a lot of money to live happily on some small private island once the whole europe turns into a total dump),take your pick. seeing news like this makes me want to puke.

As the matter affect, I kinda belive in EU. Seeing many projects funded by it I would say that this was done as it should be. 1.5 B $ is better off in hands of EU Commision then in USAs hands; EU might invest the money into something other then new rockets and bigger guns!

This fine to intel is enough help for AMD, belive me. It cuts them short on marketing, on development, on everything so competitors do have an edge now, even if they dont get the money directly. And why should only AMD profit from it after all? What about Sun? What about motorola? And VIA? What about hundreds of smaller, barely known companies?

elfuego wrote on 26.05.09 at 15:50:25:

As the matter affect, I kinda belive in EU. Seeing many projects funded by it I would say that this was done as it should be. 1.5 B $ is better off in hands of EU Commision then in USAs hands; EU might invest the money into something other then new rockets and bigger guns!

Like crooked beaurecrats in Brussels?

Theft is theft, Intel should go tell them to pound sand.

I couldn't agree more..believing in EU is like believing in santa claus-too bad the nice big man with the power to make all wishes come true simply does not exist..


EU should quit doing this stupid cr@p and start focusing on fixing the real problems..before the problems start to fix EU.

I guess it's like with all governments - there's good stuff, there's bad stuff and there's the really ugly stuff.

Politics - as usual :P

http://4.bp.blogspot.com/_6gAV_7mSpf8/SaYZY7q8oVI/AAAAAAAAAPo/qrpa6Ubt2mo/s400/bush-obama.jpg

Hey Rotten, Who's that Joker??

He looks vaguely familiar...

President Georrack Obushmar ;D

(AFAIK - its a morphed image betweek Obama and Bush) ;)

Let's just say that's the picture of the New World Order's puppet frontman.

If you haven't heard, check out the Obama Deception.

Additionally, check www.infowars.com and www.prisonplanet.tv

Couple Justin.tv channels:

http://www.justin.tv/cureforsanity

http://www.justin.tv/montydj

razrx wrote on 27.05.09 at 19:27:47:

Let's just say that's the picture of the New World Order's puppet frontman. If you haven't heard, check out the Obama Deception. Additionally, check www.infowars.com and www.prisonplanet.tv Couple Justin.tv channels: http://www.justin.tv/cureforsanity http://www.justin.tv/montydj

This should probably start a new thread as seeing what Bush did for 8 years to our country and having this spewed forth? Give me a break.

No offense man but I'm trying to see how this goes along with EU's decision on Intel. Intel got what it deserved however I think that AMD should have gotten some of it.

The money isn't going to AMD who it deserves to go to.  However, things don't work out this way in real life.  There are "other" groups involved to claim the money.

razrx wrote on 28.05.09 at 02:53:47:

The money isn't going to AMD who it deserves to go to.  However, things don't work out this way in real life.  There are "other" groups involved to claim the money.

And you think those other groups have who have a dog in the fight so to speak are going to get any of it?

gdonovan wrote on 28.05.09 at 03:46:40:

razrx wrote on 28.05.09 at 02:53:47: The money isn't going to AMD who it deserves to go to.  However, things don't work out this way in real life.  There are "other" groups involved to claim the money. And you think those other groups have who have a dog in the fight so to speak are going to get any of it?

The group I'm referring to has the dog, runs the show and owns the judges.  The system is set up to work this way.  They also pushed for the creation of the EU and the Euro.

it has always been that way,and it will always be thet way-it is in the very human nature to get corrupted by wealth and power,and then stop on everything they see fit..we need an governing entity that would lack ambition,would be ignorat to money,and live forever.


small example of this endless circle-my little country.to change things for better,we need the right people leading this country,but those will never get to the leading positions,because (as the leading positions are filled exclusively with evil b@stards) you need to be an a$$hole that has no morals or qualms to get there (defining a politician as someone who was an @ss enough to get to the position).and that means only greedy power hungry b@stards get to the leading positions (making the politics the disgusting sh!thole that is beyond the reach of normal people-they either drop it because they are too good to get corrupted,or they get corrupted on the way which will just add another creep to the pool at the end),and they are never going to change things for better.loop forever.

ps47 wrote on 28.05.09 at 11:21:11:

small example of this endless circle-my little country.to change things for better,we need the right people leading this country,but those will never get to the leading positions,because (as the leading positions are filled exclusively with evil b@stards) you need to be an a$$hole that has no morals or qualms to get there (defining a politician as someone who was an @ss enough to get to the position).and that means only greedy power hungry b@stards get to the leading positions (making the politics the disgusting sh!thole that is beyond the reach of normal people-they either drop it because they are too good to get corrupted,or they get corrupted on the way which will just add another creep to the pool at the end),and they are never going to change things for better.loop forever.

lol, yeah that sounds bang-on, could be posted on Wikipedia as Definition for "common politics"....

The only places I'm aware of where this doesn't seem to apply (for unknown reasons) are the scandinavian states Finland, Sweden, Norway, as well as Denmark and Switzerland.

I got no clue how they do that but people frequently are looking at them in awe, somehow the last surviving democracies that could - to my best knowledge - serve as role models.

Saw the most friendly bunch of people ever in Finland, even totally drunk folks just were... very friendly drunk folks. Very impressive...

ps47 wrote on 28.05.09 at 11:21:11:

The only places I'm aware of where this doesn't seem to apply (for unknown reasons) are the scandinavian states Finland, Sweden, Norway, as well as Denmark and Switzerland. I got no clue how they do that but people frequently are looking at them in awe, somehow the last surviving democracies that could - to my best knowledge - serve as role models. Saw the most friendly bunch of people ever in Finland, even totally drunk folks just were... very friendly drunk folks. Very impressive...

Yeah, think ps47 hit it dead on with that assessment. Money, power greed, none of them care about what the actual people want, it's all about them and what more they can get.

LOL visiting Finland must have been fun though!

ps47 wrote on 28.05.09 at 11:21:11:

small example of this endless circle-my little country.to change things for better,we need the right people leading this country,but those will never get to the leading positions,because (as the leading positions are filled exclusively with evil b@stards) you need to be an a$$hole that has no morals or qualms to get there (defining a politician as someone who was an @ss enough to get to the position).and that means only greedy power hungry b@stards get to the leading positions (making the politics the disgusting sh!thole that is beyond the reach of normal people-they either drop it because they are too good to get corrupted,or they get corrupted on the way which will just add another creep to the pool at the end),and they are never going to change things for better.loop forever.

Heheh!! Sound like upper management at the company I work for.. LOL!