Jim Delong on the EU's Microsoft theory--and the implications for the rest of tech. He notes among other things:

Any company with a significant market share could be defined as "dominant," and forced to disaggregate an integrated product into as many separate pieces as the EC, or competitors, desire. The possibility is very real that the EU will force manufacturers to forego integration lest they run afoul of some objection filed in the future, complete with retroactive fines, and force consumers to pay for the integration services.

For an immediate example, makers of integrated circuits should worry. As Moore’s Law works its magic, they are incorporating into a single chip features that were once put on complementary chips, as recently noted by tech investment guru Paul McWilliams.