Government Brings Antitrust Actions Against Rambus, Micron

A Happy Plague writes "I work at a hedge fund and one of the nice ammenities are real time news tickers. At 11:34 EDT, a nice red line scrolled on my screen.."FTC Alleges Rambus Violates Antitrust Laws". The headlines followed..."...Anticompetitive Acts... Deceived standard setting organization...never acknowledged patents... deceptive conduct..." Too bad it takes a long time fo bureacracies to work, but they usually come around. Yahoo News has the story." Of course all rambus has to do now is buy a president to get out from under this. In related news, Tricot writes "Over at Salon, there is a newswire article claiming that the justice department is investigating memory chip maker Micron for anti-competitive practices. Wow, if it's a monopoly, then it certainly hasn't hurt prices."

Comments

The wheels of justice grind slowly...

[strredwolf]

but they grind to a fine dust.

Thus, spammers should beware the FTC. :)

Off-topic: Buy a president, get out of jail free

[Raindeer]

Of course all rambus has to do now is buy a president to get out from under this.

Isn't it pretty bad, that a comment like this can be made and many people, myself included, would agree to how right it is? If you calculate how much money is given to PAC's etc., than you might be able to argue that the United States has one of the most corrupt governments in the world. Depending on who you paid and how much you paid, you do or don't get attention for your problems and a listening ear for your ideas. Now, Western countries (yes, other democratic countries also have this problem) might say to third world countries that they need to do something about corruption, and rightfully so, but the democratic West needs to watch out they don't fall into the same pitfalls.
A government shouldn't let its policies to be determined by the amount of money that has been given to them. But hey, you may say that I'm a dreamer