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

Re: Give it a rest

[FreeUser]

Hands off like the steel industry, the energy industry, the airline industry, and the insurance industry.

Pretty hands off alright.

Any and all mod points to this very insightful parent post, please.

Who owns the President

[horza]

Enron and M$ are latecomers to the time-share President. The oil industry leads Bush firmly by the nose. Not only do they get all the environmental legislation they want struck down but get cushy jobs and $60,000 bungs. Read more here. Anyway, that's getting off-topic. It was hardly a secret that M$ was paying off Bush not to break them up, and if a President can be bought with no obvious repercussions then you cannot expect M$ not to play the system within which they exist. For them it's just a cost of doing business. If you don't like it then it's up to you to talk to your representative and get them to put rules in to make your polititians more accountable.

In this case, the FCC have stood up and put the public first. For this the FCC are to be commended. It's not the first case I've noticed either where the FCC have got it spot on. They appear to be fairly well insulated from the polititians which may explain their consistency (though I am quite ignorant about the inner workings of the FCC).

Phillip.