The EU Strikes Again

This time the Eurocrats have raided the offices of Intel. The raids drew praise from……Advanced Micro Devices!

“We welcome today’s dawn raid concerning Intel’s continuing infringement of European competition rules. AMD has worked with the EU Commission for years and submitted growing evidence of Intel’s illegal activities, including materials from third parties.”

This shows the difference between American and European anti-trust laws. Our laws are geared to protect consumers. In Europe, they’re less worried about protecting competition, but protecting competitors.

Posted by on July 12th, 2005 at 11:18 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.