More nonsense, explained in, "Intel in Euro-Land", July 31, 2007; Page A14 of the WSJ. Intel is being criticized for offering rebates:
In Europe, a firm's size and success are the determining factors of its alleged violations. The same commercial practices would be entirely legal if the company in question were not considered "dominant." This leaves companies in the absurd position of being free to compete as hard as possible until they reach a certain market share -- at which point their hitherto legal behavior becomes unlawful. This is the kind of reasoning that has damaged the Commission's credibility, as Europe's highest courts overturn one major antitrust decision after another.
Link to this Entry | Printer-Friendly | Email a Comment| Post a Comment(3)