AArgh, prepare to be boarded by the feds

[nikimcbee]

http://www.cnbc.com/id/15840232?play...o%7C&par=yahoo

I was wondering when this was going to catch up with intel.

Intel has engaged in a deliberate campaign to hamstring competitive threats to its monopoly,” said Richard A. Feinstein, director of the F.T.C.’s Bureau of Competition. “It’s been running roughshod over the principles of fair play and the laws protecting competition on the merits.”

http://www.nytimes.com/2009/12/17/te...r=yahoofinance

On a counter point, AMD is building a new fab in New York, so I find it interesting that the NY attorney general is the one suing. No conflict of interest there.

[Torvald Von Mansee]

Originally Posted by nikimcbee

http://www.cnbc.com/id/15840232?play...o%7C&par=yahoo

I was wondering when this was going to catch up with intel.


http://www.nytimes.com/2009/12/17/te...r=yahoofinance

On a counter point, AMD is building a new fab in New York, so I find it interesting that the NY attorney general is the one suing. No conflict of interest there.

Does the NY AG own stock in AMD? Is that what you're saying?

[SteamWake]

I found it curios that just the mention of their intentions caused AMD and NVIDA stock to rise

Something tells me there is more to this 'story' than meets the eye.

[AngusJS]

Originally Posted by SteamWake

I found it curios that just the mention of their intentions caused AMD and NVIDA stock to rise

Something tells me there is more to this 'story' than meets the eye.

How is that curious? That's exactly what you would expect to happen regardless of why the complaint was filed. Asking "who benefits?" doesn't explain anything.

[SteamWake]

Originally Posted by AngusJS

How is that curious? That's exactly what you would expect to happen regardless of why the complaint was filed. Asking "who benefits?" doesn't explain anything.

It's curious because nothing has actually been done yet. They just announced their intentions and the speculators jumped on it.