It would almost be funny if all Intel devices were blackballed from Europe. There would be riots. Think of all the devices that have Intel chips. They did it to other companies that broke their "rules." It won't happen, but it would be fun to watch.
Why is it rules in quotation marks? When large corporations break the "rules" it generally hurts the consumer, other business competitors and the market in general. If Intel are guilty of any wrongdoing then they should be punished appropriately. I think the EU is generally more protective when it comes to these kind of issues than North America but if the Govt or in this case the beurocrats in Europe arent watching out then who is?
Globalization has brought a massive cluster screw of legal compliance issues as businesses try to sell all over the world. Anti-trust laws are notoriously judgmental. It isn't like a speeding violation. There is a lot of interpretation. So, big deal, one of a thousand different regulatory bodies Intel has to worry about files formal charges. They'll live.
These are both American companies traded on American exchanges. Someone should tell this "top anti-trust regulator" to mind his own friggin' business. Maybe the European Commission should fine companies that manufacture in China because they don't meet the EU minimum wage.
Yes, the market. But if one company is carrying out business practices that are essentially illegal then they must be punished. If Intel and AMD for that matter wish to sell in Europe then they should abide by the rules and regulations that are enforced there.
By your argument we should all be grateful that the market allowed microsoft to dominate the desktop market - because thats worked out so well for us all.
Also, what's socialism got to do with this? Not very much really.
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It would almost be funny if all Intel devices were blackballed from Europe. There would be riots. Think of all the devices that have Intel chips. They did it to other companies that broke their "rules." It won't happen, but it would be fun to watch.
Why is it rules in quotation marks? When large corporations break the "rules" it generally hurts the consumer, other business competitors and the market in general. If Intel are guilty of any wrongdoing then they should be punished appropriately. I think the EU is generally more protective when it comes to these kind of issues than North America but if the Govt or in this case the beurocrats in Europe arent watching out then who is?
@ MarkLB
THE MARKET
The consumer doesn't need socialist EUs to regulate businesses.
Globalization has brought a massive cluster screw of legal compliance issues as businesses try to sell all over the world. Anti-trust laws are notoriously judgmental. It isn't like a speeding violation. There is a lot of interpretation. So, big deal, one of a thousand different regulatory bodies Intel has to worry about files formal charges. They'll live.
These are both American companies traded on American exchanges. Someone should tell this "top anti-trust regulator" to mind his own friggin' business. Maybe the European Commission should fine companies that manufacture in China because they don't meet the EU minimum wage.
@ LintSniffer
Yes, the market. But if one company is carrying out business practices that are essentially illegal then they must be punished. If Intel and AMD for that matter wish to sell in Europe then they should abide by the rules and regulations that are enforced there.
By your argument we should all be grateful that the market allowed microsoft to dominate the desktop market - because thats worked out so well for us all.
Also, what's socialism got to do with this? Not very much really.