Intel has to pay the $1.45 billion dollar fine within three months, the Commission said, adding that the money would go to the EU’s central budget, “thus reducing the contributions that Member States pay to the EU.” CNET reported
The EU’s stimulus package is fining US companies? Germany and and other EU nations have been hesitant on using their own revenue to fund a stimulus package, but now they found a new source! American companies!
Clearly the EU Anti-Trust suit is aimed squarely at foreign companies to bankroll the EU’s dwindling account balances.
This is not the proper way to raise revenue…. what’s next? Apple’s iphone marketshare is too big?
Enjoy the new economy.
Intel’s a monopoly that got caught. Stop waving the flag.
Intel’s a monopoly that got caught. Stop waving the flag.
Intel has been curbing AMD in various ways for over 10 years. That is a major problem. It shows that US anti trust bodies are looking the other way. Remember it always good to have competition. However, I agree with you, this is no way of shoring up EU revenues.
Intel has been curbing AMD in various ways for over 10 years. That is a major problem. It shows that US anti trust bodies are looking the other way. Remember it always good to have competition. However, I agree with you, this is no way of shoring up EU revenues.
At what point does Competitive Advantage become Monopoly?
And why aren’t the Europeans producing their own chips? That’s the question they need to ask themselves.
At what point does Competitive Advantage become Monopoly?
And why aren’t the Europeans producing their own chips? That’s the question they need to ask themselves.
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