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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 259.68+2.3%3:59 PM EST
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To: pgerassi who wrote (237736)7/31/2007 12:32:09 AM
From: Sarmad Y. HermizRead Replies (6) of 275872
 
>> If you want to see what a legal look at European Union Commission looks at what is legal or not, look at this analysis of Article 82 of the Founding Treaty:

Dear Pete, I read the executive summary of the link, and it states among other things that the measure of competition is effect on consumer. Since prices dropped significantly, while function, performance and choice increased during the years of alleged violation, it seems there will be a defense for Intel, and it is far from an adverse prospect.

Sarmad

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excerpts from your posted link

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An economics-based approach requires a careful examination of how competition works in each particular market in order to evaluate how specific company strategies affect consumer
welfare.

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This implies that competition authorities will need to identify a competitive harm, and assess the extent to which such a negative effect on consumers is potentially outweighed by efficiency gains. The identification of competitive harm requires spelling out a consistent business behaviour based on sound economics and supported by facts and empirical evidence. Similarly, efficiencies and how they are passed on to consumers should be properly justified on the basis of economic analysis and grounded on the facts of each case.
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