EU Officials Raid Intel Offices
Eukariote writes "As part of the ongoing antitrust investigations, EU officials have raided Intel offices as well as offices of a number of IT firms manufacturing or selling computers. This follows the recent ruling by Japan's Fair Trade Commission declaring Intel's exclusionary practices illegal as well as the lawsuit filed by AMD."
Not a PR stunt? I think so.
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The article states that while the investigation has been going on for 4 years, two years ago they decided that there wasn't enough evidence to persue Intel. AMD still didn't drop the complaint so now that AMD is grabbing all the PR they can, the EU is searching (again) for evidence to support AMD's claim.
I wouldn't call this a raid any more than picking up my order from Pizza Hut would be called a "Pizza Raid". Exciting text gets eyeballs.
Psst, Hey buddy, Can you spare a
I wouldn't be happy about this if I lived in the EU, but no doubt the recent EU offensive on foriegn companies will encourage those companies to invest outside of the EU. North America and Asia seems a lot less hostile towards buisness nowadays.
Asia might get the better of the deal than North America, but I don't think any company is going to be rushing off to Europe to invest given the lastest attacks by EU Kleptocrats.
The only thing that frightens me is that the U.S. or Canada might try the same self-destructive protectionist policies. Just because Europe is crazy doesn't mean that North America is sane.
Apple is hardly one to be concerned about anti-competive practices...
In a fair world, refrigerators would make electricity.