Intel's General Counsel has admitted that fighting the EU's £948m antitrust fine will be an uphill battle.
Bruce Sewell, Intel’s top legal beagle, has admitted that fighting the European Union’s £948 million ($1.45 billion) antitrust fine will be an “
uphill battle”.
Intel was found guilty of anti-competitive business practices on a number of counts, including selling chips for less than the cost of manufacture along with paying retailers and system builders to not sell products using AMD chips.
Sewell, General Counsel at Intel, told attendees at the chip maker’s
annual shareholder meeting that European courts are unlikely to disagree with the Commission’s ruling and that changing their minds would be difficult.
Sewell said Intel still plans to appeal the ruling and is hopeful that the decision will be overturned. “
We have our work cut out for us, but I’m hopeful we can overturn this,” he said.
Do you think Intel can convince the European Commission that its ruling was wrong? Tell us
in the forums.
agreed
I think this is to do with marketing practices towards manufacturers and retailers rather than end users.
Nah, I'll still buy whatever gives me the better performance per price. And when I bought my q6600 that was intel. When it next comes time to upgrade, if AMD offers a product that gives better performance per price than what Intel has to offer I will buy AMD. But if Intel still offers a product that gives better performance per price then I will buy Intel again. I donât let my decisions get influenced by who is suing who. And for whatever reason.
I know monopolies aren't a good thing for the consumer.. but when a company is giving the consumers what they want and then are forced to fall in line because they are too elite for the competition- that's wrong.. if intel was selling p4's using underhanded slippy's, they should pay for the p4 if that's the case.. if it was just idiots buying into hype (they're everywhere)- then no
I wouldn't want to see intel milking it to avoid lawsuits, next thing you know the judge points at nvidia's ceo huang- you should take tips from that guy! were stuck with atom's for the next 10 years
2. so long as there is free competition, why are monopolies bad?
3. why hasn't amd done similar market practices to intel? it already has a price advantage - why not widen even further?
4. all this will do is increase prices and hurt the consumer. i want intel chips, not amd, now i will be forced to pay more.
5. the fine will not suddenly make amd a better competitor, and amd's products will not suddenly magically improve.
I totally agree with this. It's about what's best for the consumer at the time. AMD enjoyed large amounts of success with its Athlon 64s when they were trouncing P4s, and everyone knew they were better so even though Intel got up to "dirty work", AMDs were still so much more popular. I'll buy what is best for me when I want to upgrade, and this is just a legal fireworks display imo. Both companies innovate and have their pluses and minuses, but as long as there is choice (which there still was for all of us enthusiasts who build our own stuff), who cares??
1. Intel was apparently a monopoly enough for the EU to get involved. You can barely buy AMD anywhere, especially in Europe. I've never even heard of VIA or anyone else for that matter...
2. You can't have competition when there's a monopoly...Competition keeps prices realistic for consumers. Monopolies are capitalism at its worste. Economics?
3. Again, AMD didn't becuase their ILLEGAL practices. Illegal for a reason.
4. It wont hurt the consumer in the slightest. Intel's not a dumb company. They wont raise their prices just to be angry, or to get back some money they lost. If they do, then their retarded and will lose loads of buisness. 1.5bil is a heavty chunk but isn't a whole lot considering they make over $37bil a year. I'd imagine they'd keep their prices the same if not a bit lower now.
5. No, it probably wont. You're correct. But consumers may find that there are OTHER companies out their besides Intel. AMD and others will most likely start getting more consumers after seeing what Intel has done all these years. So far the AM3 chips are doing pretty well. Especially the X3 720.
You are kidding,right?
1. Intel was apparently a monopoly enough for the EU to get involved. You can barely buy AMD anywhere - via computer selling companies(HP, DELL, etc), especially in Europe. I've never even heard of VIA or anyone else for that matter...
Uhh...No. The only two companies I can find anywhere in America is Intel and AMD. I just looked VIA up, never seen a product...
In other news, the OTHER monopolistic evil company Microsoft is getting hammered, see story on main page.
Must be something unique to your part of the world,there certainly isn't any shortage of AMD or VIA in the UK,or am i missing something (scratches chin)
"along with paying retailers and system builders to not sell products using AMD chips."
Read this bit and tell me you can't see what Intel did wrong.
+1, my relatives in China and Vietnam are hard pressed to get something not-intel, in fact they don't even carry AMD processors over there.
nope, I built an AMD based rig for cost and am highly disappointed. Intel will be my primary CPU purchase for my future builds.
Then it's your fault for not doing the research, not AMD's fault.
AMD had a superior product, but Intel said to oem/retailers buy 80% of our chips only, delay amd chips to market and only buy 20% amd chips, even when amd had a better product in Athlon 64, it wasnt until 2006 intel got a faster cpu
AMD even offered 1 million free cpus to a oem, but they didnt accept it, go figure
and for me, i chouldnt find any amd cpu in stores in 2003 here, only online retailers sold athlon 64 chips
how would you react?
That statement just doesn't make any sense. You must not have done your research very
well. SOME AMD processors are better than SOME Intel processors and some
are not, Both companies make very good products.
+1.
The reason I went for Intel over AMD in my latest PC was the fact that everything I've read (especially on BT buyer's guides) said that the E5200 offers way better value for money than anything else in the same price range and good OC performance, even from stock. So far, I've not been disappointed (although I haven't attempted to clock this beastie yet - may invest in some better cooling first).
I've been "out of the game" for a while, so this is the first I've heard of what Intel have done; it's a pretty crappy, and illegal, way to do business - glad the courts stepped in here.
Intel had a turnover of 37 billion. This is not profit!!! The profit was about 400 million for the same period.
Turnover is when any money comes in "over the counter" before any costs are subtracted. Cost like: manufacturing, advertising oh and that big one that made the entire comeback for Intel in the first place R & D!!! These all cost money, this money cost out of the TURNOVER (37bil.)
Now for people who think monopolies are good:
In the beginning the company under sells (Like airliners for transatlantic flights, see Star Alliance when Virgin Atlantic started).
Then when there is little or know competition left they:
A) Slow development of new products (holding back new releases, less R&D ect.)
B) Price fix
C)Raise prices as much as they can get away with.
D)Use sub-standard parts (exploding batteries any one?)
So yeah at the moment "we" the consumers are benefiting at the moment, but that will change if Intel, Star, Microsoft and Shell Oil are allowed to continue to use there monopoly positions in the future. Any one who thinks Electric cars are new has fallen for monopoly tactics. There was a company 10 years ago who made NiMH Batteries which did power EVs in ranges over 140 miles per charge. Then Shell Oil bought the company that held the patents and liquidated it and held the patents. This is why there are no NiMH battery packs for EVs. I guess no one thought it was strange when there where lead acid powerred EVs and then straight to Lithium Ion EVs.
Are Monopolies good for the consumer?
Are monopolies good for the Environment?
Are monopolies good for our Scientific development?
As a consumer I will always choose open market and open standards.
Like USB, Android, Linux (all versions), these are all things that make life better for the consumer.
If only all phones used mini-USB and 3.5 jacks.
This may be coming to Europe - if not for connectivity then for charging your phone at least. The EU want a standardised connector for charging laptops, mp3 players, phones, etc; mini-USB seems the most likely solution, as it's already so ubiquitous.
Plus I ditched even 3.5mm jacks a while ago - bluetooth headphones ftw. Even if the sound quality can't quite yet match up to standard wired headphones, the lack of cables trailing everywhere more than makes up for it.