Thursday, July 23rd 2009

Intel Appeals Against EU Antitrust Verdict

Earlier this year in May, the European Commission for anti-competitive practices found Intel guilty of various antitrust practices. The company was then slapped with a massive 1.06 billion Euro (US $1.45 billion) fine, the single largest antitrust fine it has ever meted out to a company. On Wednesday, Intel explored its legal option of appealing against the fine with Court of First Instance in Luxembourg, Europe's second highest judicial body. The company argues that the EC regulator failed to consider the evidence that supported Intel's contention during the trial.

In a telephone interview with ComputerWorld, Robert Manetta, an Intel spokesperson said "We believe the Commission misinterpreted some evidence and ignored other pieces of evidence." Meanwhile, apart from the fine Intel is expected to pay within three months of the verdict, the ruling also puts a stop to Intel's rebates to PC manufacturers and retailers on condition of near or total exclusivity, among several other deemed malpractices. Authorities in South Korea and Japan found similar irregularities in Intel's marketing methods, while the U.S. Federal Trade Commission and New York Attorney General's office are investigating the company for abuse of its monopoly position.Source: ComputerWorld
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307 Comments on Intel Appeals Against EU Antitrust Verdict

#1
TheMailMan78
Big Member
Meecrob said:
I dont watch any of them if i can help it, and when i do I endup shaking my head, either in dismay at the crap flowing from their mouths or at how funny it is if you can ignore the fact that alot of people are buying both sides crap.



never said i dont believe in a god/higher power, now your just trying to troll me, nice try but Unlike you, and others in this thread i dont get pissed off over posts on the internet.



if I really wanted to troll you/them I could do a far better job at pissing you off, but honestly, i just think your funny, the quote in my sig shows that, people like you who want to run the world and dictate whats right for everybody else.

here i found a site for you
http://www.noquarterusa.net/blog/2008/07/23/seig-heil-seigesaule-obama/



dont lie :P



and honestly, I feel this country will NEVER have a pubic health-care system, the lobbyists and their cronies/political puppets are far to entrenched in our govt to allow the private insurance industry to loose money due to the poor/horrid service they offer these days.
"People like me". You pompous prick. The fact you replied proves I got to ya. Good.
Posted on Reply
#2
Meecrob
yes people who watch and believe fox news.
Posted on Reply
#3
TheMailMan78
Big Member
Meecrob said:
yes people who watch and believe fox news.
I win.
Posted on Reply
#4
erocker
You (Meecrob & TheMailMan) will cease and *desist in any and all threads you are fighting/arguing/etc. in. Final warning. Take it to PM, phone, IM, whatever. None of us want to see it anymore.
Posted on Reply
#5
Meecrob
i think you mean cease and desist not assist, and got ya on that erocker.

mailman and the rest, sorry if we detracted from your enjoyment of the thread, I was having fun laughing as other people got pissed off at what a friend of mine refers to "ghosts in the machine" (aka people online) and wasnt thinking about how it could be pissing some people off watching us spar.

again sorry for the inconvenience :)
Posted on Reply
#6
WhiteLotus
Not going to read the last 11 pages, but just wanted to ask...

Has/will Intel appeal against the decision in Japan (or what ever the country was) that found them guilty of the same thing, or are they only choosing EU because of the HUMONGOUS fine?
Posted on Reply
#7
Meecrob
WhiteLotus said:
Not going to read the last 11 pages, but just wanted to ask...

Has/will Intel appeal against the decision in Japan (or what ever the country was) that found them guilty of the same thing, or are they only choosing EU because of the HUMONGOUS fine?
try http://google.com or http://bing.com they can help you look up that info.

sorry if i sound like im being a smartass but its just as easy for one person to google/bing as another :)
Posted on Reply
#8
WhiteLotus
Meecrob said:
try http://google.com or http://bing.com they can help you look up that info.

sorry if i sound like im being a smartass but its just as easy for one person to google/bing as another :)
I could do that, but i was going more on the lines of getting the topic back on track. To discuss if they did wrong is pointless... it's not going to go anywhere because NONE of us here know ANYTHING about the case in terms of actual proof or how the ins and outs of how the EU works.

Now if they are appealing to the EU to get the fine reduced, for example, then i one hundred percent agree with them. The sum was just stupid, and looked on all sides as if it was just randomly picked out of a hat.
Posted on Reply
#9
FordGT90Concept
"I go fast!1!11!1!"
WhiteLotus said:
Has/will Intel appeal against the decision in Japan (or what ever the country was) that found them guilty of the same thing, or are they only choosing EU because of the HUMONGOUS fine?
Intel is appealing the EU case as a "human rights issue" because the fine is so big. They are claiming that it is unethical to issue any business a fine that large especially when the charges don't warrant it.

Others have tried the same thing in their appeal with the EU and failed. Intel most likely will fail too.
http://arstechnica.com/tech-policy/news/2009/07/intel-tells-eu-court-antitrust-fine-violated-its-human-rights.ars


As far as I know, Intel isn't going to appeal the South Korean fine which is only $25.4 million. I mean, they haven't really said anything about it since 2008. An appeal could still be coming but I doubt it.
Posted on Reply
#10
Wile E
Power User
MEh, whatever. No new info, still the same crap over and over.

*unsubscribe
Posted on Reply
#11
mdm-adph
FordGT90Concept said:
As far as I know, Intel isn't going to appeal the South Korean fine which is only $25.4 million. I mean, they haven't really said anything about it since 2008. An appeal could still be coming but I doubt it.
...and that's all the acceptance of guilt that anyone should need.

If they truly thought they were innocent, they should spend the money to right the wrongs of the Korean court.
Posted on Reply
#12
FordGT90Concept
"I go fast!1!11!1!"
They probably feel it would cost less to pay the fine than to fight it. Armies of lawyers are expensive and Intel has surplus cash right now. If they decide to fight it, it could increase the amount of money owed and that fine might come due when they don't have surplus cash. It isn't necessarily an admission of guilt...


On the other hand, appealing on "human rights" in the EU might be. At the same time, the EU pretty much put Intel in legal peril. Intel can't present any evidence that would refute the claims (what could they present?) and anything they do present could also be used against them. It is a lose-lose situation for them to fight it in terms of innocence/guilt. They are only seeking to decrease the fine which is very likely to fail. Their legal options are virtually non-existent--they are screwed, guilty or not.

This is one of the problems with antitrust, there is no proving innocence. Being a market leader basically means you have no defense. This is why courts must exercise caution and restraint with antitrust laws.
Posted on Reply
#13
TheMailMan78
Big Member
mdm-adph said:
...and that's all the acceptance of guilt that anyone should need.

If they truly thought they were innocent, they should spend the money to right the wrongs of the Korean court.
Not if it cost them 30 million to fight. Cheaper to pay them off. Man you would make a horrible business man. :laugh:
Posted on Reply
#14
mdm-adph
TheMailMan78 said:
Not if it cost them 30 million to fight. Cheaper to pay them off. Man you would make a horrible business man. :laugh:
I would think that the negative publicity from admitting that you run your business like the mob would hurt them far worse. :laugh:

But then, I forget -- some people actually admire companies that lie, cheat, and steal their way to the top, stepping over the little guy in the process. ;)
Posted on Reply
#15
TheMailMan78
Big Member
mdm-adph said:
I would think that the negative publicity from admitting that you run your business like the mob would hurt them far worse. :laugh:

But then, I forget -- some people actually admire companies that lie, cheat, and steal their way to the top, stepping over the little guy in the process. ;)
Do you think the average Joe even knows about a law suit that Korea had against a computer component maker. More so who gives a shit. People are far more conserned with thier own crap then to give a rats ass what a forgien goverment thinks about Intel. Hell most people don't even care if the world likes them personally never mind a company they have no stake in. :laugh:
Posted on Reply
#16
mdm-adph
TheMailMan78 said:
Do you think the average Joe even knows about a law suit that Korea had against a computer component maker. More so who gives a shit. People are far more conserned with thier own crap then to give a rats ass what a forgien goverment thinks about Intel. Hell most people don't even care if the world likes them personally never mind a company they have no stake in. :laugh:
Do you think the average Joe buys chips from Intel in 1000-chip lots to make PC's? :laugh: Those are the people I'm talking about -- I'm sure that, unless their heads are firmly planted up their asses, they know about the Korean, Japanese, and now EU lawsuits.

Those are the people who were strong-armed by Intel into buying only Intel-made chips.

But, like I said, there are some people in the world who not only forgive this behavior but admire it. It's a primitive behavior, and one that unfortunately won't be stamped out in the next few centuries or so. :shadedshu
Posted on Reply
#17
rpsgc
TheMailMan78 said:
No its a troll.
It takes one to know one.



P.S.: Have fun with your mindless "everything-European" bashing. And then I'm the troll, but then again from your speech one can only conclude one of two things: you're either clueless or a Intel fanboy/Euro hater.
Posted on Reply
#18
TheMailMan78
Big Member
mdm-adph said:
Do you think the average Joe buys chips from Intel in 1000-chip lots to make PC's? :laugh: Those are the people I'm talking about -- I'm sure that, unless their heads are firmly planted up their asses, they know about the Korean, Japanese, and now EU lawsuits.

Those are the people who were strong-armed by Intel into buying only Intel-made chips.

But, like I said, there are some people in the world who not only forgive this behavior but admire it. It's a primitive behavior, and one that unfortunately won't be stamped out in the next few centuries or so. :shadedshu
You know what I'm sure about? They don't give a rats ass as long as they can get the product the consumer wants for a good price. All the OEMs proved that by breaking the EU "law" to begin with. Your honor I rest my case. :laugh:
Posted on Reply
#19
Ammugonevil
Whats the big deal... strong arm tactics... dirty dealings.... name one company not guilty of it.. maybe intel made too many 'donations' but not to the right people??
Posted on Reply
#20
DaedalusHelios
Ammugonevil said:
Whats the big deal... strong arm tactics... dirty dealings.... name one company not guilty of it.. maybe intel made too many 'donations' but not to the right people??
Exactly. The EU is not some "fight for the consumer" entity. Its BS "world government" under the guise of unification. Think Hitler but in an economic sense, and you can see why they do the things they do. Its not violence, its not evil, but it could end in war.
Posted on Reply
#21
Ammugonevil
Thats kindda funny point of view but it is that.. a point of view.. I personally think that its just stupid.. the same stupidity which arrives where money is involved... and we are one of the main reasons cous we spend so much on 'chips',...
Posted on Reply
#22
btarunr
Editor & Senior Moderator
It's in everyone's interests to not get personal and resort to name calling. Continue with the discussion if you can keep your cool.
Posted on Reply
#23
Ammugonevil
Wasn't calling anyone stupid.. i was calling the situation stupid... as in the law suit... kind of thing..
Posted on Reply
#24
FordGT90Concept
"I go fast!1!11!1!"
mdm-adph said:
I would think that the negative publicity from admitting that you run your business like the mob would hurt them far worse. :laugh:
The public generally doesn't care about antitrust cases. Unless they can sign up and get some money from the lawsuit.
Posted on Reply
#25
TheMailMan78
Big Member
FordGT90Concept said:
The public generally doesn't care about antitrust cases. Unless they can sign up and get some money from the lawsuit.
This is my point. Saying someone settled out of court admits guilt is naive.
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