Intel to pay AMD $1.25 billion

[ocgw]

http://www.msnbc.msn.com/id/33882559/ns/business-us_business/

$1.25B ain't much, but it's better than a sharp stick in the eye

ocgw

peace

[johns0]

One of the main reasons i buy amd.

[rallynavvie]

You realize AMD settled, right? They could have taken Intel to the cleaners with their lawsuits but decided it was in the best interests of both companies, and the industry, for them to settle like this.

[edDV]

You realize AMD settled, right? They could have taken Intel to the cleaners with their lawsuits but decided it was in the best interests of both companies, and the industry, for them to settle like this.

Both companies were paying over $100M to lawyers. AMD saw settlement was in its best interest. Money now vs. an uncertain future. There is also patent sharing in the deal that avoids future legal uncertainty. Plus according to that last paragraph, Intel pays a quarter billion less in taxes. AMD is losing money so pays few taxes on the deal.

[lordsmurf]

The modern adage: "When you can't make a better product, sue the competition."

[MOVIEGEEK]

AMD shares soared $1.15, or 22 percent, to $6.47 in afternoon trading. Intel shares fell 1 cent to $19.83.

Intel is the 800lb gorilla and this settlement is pocket change, it's the same when MS gets sued.

[edDV]

The customer always pays the cost of these conflicts.

[Noahtuck]

http://www.msnbc.msn.com/id/33882559/ns/business-us_business/

$1.25B ain't much, but it's better than a sharp stick in the eye

ocgw

peace

Hell, i'd take half that with a sharp stick in the eye!!

The modern adage: "When you can't make a better product, sue the competition."

Uh huh...

The biggest case is in Europe, where regulators have fined Intel a record $1.45 billion over what they described as Intel's illegal tactics to bully PC makers into choosing Intel chips over AMD's. EU spokesman Jonathan Todd said that the European Commission "takes note" of Intel's settlement with AMD but that it does not change Intel's duty to comply with European antitrust law.

Because Intel is so innocent 8)

[edDV]

Don't forget AMD is in the middle of the Galleon scandal. The director and former CEO of AMD may be going to jail. http://www.msnbc.msn.com/id/33533727/ns/business-businessweekcom/

[ocgw]

You realize AMD settled, right? They could have taken Intel to the cleaners with their lawsuits but decided it was in the best interests of both companies, and the industry, for them to settle like this.

Well I did read the article

ps. most settlements are reached "out of court", I personally have been paid numerous settlements out of court, never had to actually go to trial lol

ocgw

peace

[ocgw]

The modern adage: "When you can't make a better product, sue the competition."

ummmm...Intel is settling because they have no defense to the rightful charges that they have engaged in illegal business practices

ocgw

peace

[johns0]

The modern adage: "When you can't make a better product, sue the competition."

Sue the competition when you cant make a better product cause the competition uses illegal tatics that take away your business to make better products.

[edDV]

The modern adage: "When you can't make a better product, sue the competition."

ummmm...Intel is settling because they have no defense to the rightful charges that they have engaged in illegal business practices

ocgw

peace

Actually they have a defense and are challenging the Euro Commission fine. AMD has withdrawn their complaint.

[ocgw]

The modern adage: "When you can't make a better product, sue the competition."

ummmm...Intel is settling because they have no defense to the rightful charges that they have engaged in illegal business practices

ocgw

peace

Actually they have a defense and are challenging the Euro Commission fine. AMD has withdrawn their complaint.

pls reread the article ed, AMD is withdrawing all it's suits from civil court as a condition of the settlement, but that does not clear Intel of prosecution by various governments in criminal court, or provide relief for Intel from US Federal lawsuits

ocgw

peace

[edDV]

The modern adage: "When you can't make a better product, sue the competition."

ummmm...Intel is settling because they have no defense to the rightful charges that they have engaged in illegal business practices

ocgw

peace

Actually they have a defense and are challenging the Euro Commission fine. AMD has withdrawn their complaint.

READ THE ARTICLE SIR, AMD is withdrawing all it's suits from civil court as a condition of the settlement, but that does not clear Intel of prosecution by various governments in criminal court, or provide relief for Intel from US Federal lawsuits

ocgw

peace

Two things,

I said they are challenging the fine and they have a defense. You said they have no defense.

Second the Euro Commission is not a criminal court. It is an appointed "independent supranational authority separate from governments" whatever that is. Regardless, it is civil with appeal through "Comitology" process.
http://en.wikipedia.org/wiki/European_Commission
http://en.wikipedia.org/wiki/Comitology

[ocgw]

The modern adage: "When you can't make a better product, sue the competition."

ummmm...Intel is settling because they have no defense to the rightful charges that they have engaged in illegal business practices

ocgw

peace

Actually they have a defense and are challenging the Euro Commission fine. AMD has withdrawn their complaint.

READ THE ARTICLE SIR, AMD is withdrawing all it's suits from civil court as a condition of the settlement, but that does not clear Intel of prosecution by various governments in criminal court, or provide relief for Intel from US Federal lawsuits

ocgw

peace

Two things,

I said they are challenging the fine and they have a defense. You said they have no defense.

Second the Euro Commission is not a criminal court. It is an appointed "independent supranational authority separate from governments" whatever that is. Regardless, it is civil.
http://en.wikipedia.org/wiki/European_Commission

The record $1.45B fine was for criminal offenses

IMO Intel is settling out of court because they have no valid defense that will hold up in court

ocgw

peace

[edDV]

The record $1.45B fine was for criminal offenses

Got a reference for that?

[edDV]

This is an opinion article but summarizes the over-reach of the European Commission. Add to that their opposition to the Sun-Oracle merger that has been approved by US Anti-Trust. http://online.wsj.com/article/SB10001424052748703574604574499481321293514.html?mod=googlenews_wsj

Additional defense. EC alleged to be in violation of Human Rights Convention. The EU Ombudsman has rebuked the Commission for its unfair treatment of Intel.
http://cei.org/articles/2009/08/11/why-intels-billion-dollar-fine-violates-human-rights-convention

[ocgw]

The record $1.45B fine was for criminal offenses

Got a reference for that?

Dude, are you serious? Do we have to argue whether a government fine for illegal antitrust violation is a criminal offense?

reference?, it says illegal antitrust in the article, are we reading the same article?

ocgw

peace

[edDV]

The record $1.45B fine was for criminal offenses

Got a reference for that?

Dude, are you serious? Do we have to argue whether a government fine for illegal antitrust violation is a criminal offense?

reference?, it says illegal antitrust in the article, are we reading the same article?

ocgw

peace

The EC operates on the civil side.

Go back to Law 101. The EC administers what we call administrative law and is not a criminal court. It reports to the legislative branches of the EU. The members are political appointees. Any criminal complaints would be handled by the judiciary.

Worse than that, the EC decides which cases to take, investigates, gatekeeps evidence, renders a verdict and decides the fine all without a jury. It is the very definition of a Kangaroo court.
http://en.wikipedia.org/wiki/Kangaroo_court

[ocgw]

The record $1.45B fine was for criminal offenses

Got a reference for that?

Dude, are you serious? Do we have to argue whether a government fine for illegal antitrust violation is a criminal offense?

reference?, it says illegal antitrust in the article, are we reading the same article?

ocgw

peace

The EC operates on the civil side.

Go back to Law 101. The EC administers what we call administrative law and is not a criminal court. It reports to the legislative branches of the EU. The members are political appointees. Any criminal complaints would be handled by the judiciary.

Worse than that, the EC decides which cases to take, investigates, gatekeeps evidence, renders a verdict and decides the fine all without a jury. It is the very definition of a Kangaroo court.
http://en.wikipedia.org/wiki/Kangaroo_court

bullfeathers

http://en.wikipedia.org/wiki/United_States_antitrust_law#Enforcement_of_United_States_Antitrust_Law

Depending on the severity and the circumstances antitrust violations may be persued as civil, criminal or private civil, and New York is about to "drop the hammer" down on Intel, they may get "their ass handed to them" like Microsoft and AT&T has had in the past

Amazing position for dudes that think copying a rental is a felony lmao

ocgw

peace

[Noahtuck]

This thread is funny.


I just farted!!

Someone is baking brownies 8)

[edDV]

The record $1.45B fine was for criminal offenses

Got a reference for that?

Dude, are you serious? Do we have to argue whether a government fine for illegal antitrust violation is a criminal offense?

reference?, it says illegal antitrust in the article, are we reading the same article?

ocgw

peace

The EC operates on the civil side.

Go back to Law 101. The EC administers what we call administrative law and is not a criminal court. It reports to the legislative branches of the EU. The members are political appointees. Any criminal complaints would be handled by the judiciary.

Worse than that, the EC decides which cases to take, investigates, gatekeeps evidence, renders a verdict and decides the fine all without a jury. It is the very definition of a Kangaroo court.
http://en.wikipedia.org/wiki/Kangaroo_court

BULLSHIT!

http://en.wikipedia.org/wiki/United_States_antitrust_law#Enforcement_of_United_States_Antitrust_Law

Depending on the severity and the circumstances antitrust violations may be persued as civil, criminal or private civil, and New York is about to "drop the hammer" down on Intel

Amazing position for dudes that think copying a rental is a felony lmao

ocgw

peace

The EC case against Intel is civil. It is run by political appointees not by the judicial system with jury trial.

Our Federal Anti-Trust cases are handled by the Justice Department with due process of law and trial by jury. The cases are normally civil but in rare cases the Antitrust Division of the U.S. Department of Justice can bring criminal complaints under the Sherman Act but this has rarely been done in history. The Federal Trade Commission can only bring civil complaints.

Read more: http://law.jrank.org/pages/1062/Economic-Crime-Antitrust-Offenses.html#ixzz0WiPjJgKS

[ocgw]

The record $1.45B fine was for criminal offenses

Got a reference for that?

Dude, are you serious? Do we have to argue whether a government fine for illegal antitrust violation is a criminal offense?

reference?, it says illegal antitrust in the article, are we reading the same article?

ocgw

peace

The EC operates on the civil side.

Go back to Law 101. The EC administers what we call administrative law and is not a criminal court. It reports to the legislative branches of the EU. The members are political appointees. Any criminal complaints would be handled by the judiciary.

Worse than that, the EC decides which cases to take, investigates, gatekeeps evidence, renders a verdict and decides the fine all without a jury. It is the very definition of a Kangaroo court.
http://en.wikipedia.org/wiki/Kangaroo_court

BULLSHIT!

http://en.wikipedia.org/wiki/United_States_antitrust_law#Enforcement_of_United_States_Antitrust_Law

Depending on the severity and the circumstances antitrust violations may be persued as civil, criminal or private civil, and New York is about to "drop the hammer" down on Intel

Amazing position for dudes that think copying a rental is a felony lmao

ocgw

peace

The EC case against Intel is civil. It is run by political appointees not by the judicial system with jury trial.

Our Federal Anti-Trust cases are handled by the Justice Department with due process of law and trial by jury. The cases are normally civil but in rare cases the Antitrust Division of the U.S. Department of Justice can bring criminal complaints under the Sherman Act but this has rarely been done in history. The Federal Trade Commission can only bring civil complaints.

Read more: http://law.jrank.org/pages/1062/Economic-Crime-Antitrust-Offenses.html#ixzz0WiPjJgKS

Well I hope Intel "gets what it got comin' to them"

ocgw

peace