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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 255.96+2.3%3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (247624)2/12/2008 12:09:52 PM
From: jay101Read Replies (1) of 275872
 
It is a sick mentality ....
Affirmative action for looser corporations.

It is very serious since the EU seems to want to intimidate all the retailers who sell computers. Almost Gestapo like tactics, which will scare them into doing what the EU wants.....Affirmative action for loosing corporations, which cannot compete on technology, competitive products or pricing.

It could result in FORCING retailers to display and sell AMD based computers even if they do not want to.

<< PARIS, Feb 12 (Reuters) - France's PPR (PRTP.PA: Quote, Profile, Research) said European Commission competition officials were searching its offices on Tuesday after the EU anti-trust authority said it had raided a number of retailers in connection with a probe into Intel.
"I confirm that in the framework of an inquiry which it has opened into Intel that the (Commission's) Directorate General Competition is carrying out an inspection at the moment at the offices of PPR Purchasing," said a PPR spokeswoman.

"PPR and the group's companies are concerned by this inquiry only to the extent that they sell products made by Intel, among others," she added.

The PPR group includes books and electronics chain Fnac, small computer specialist retailer Surcouf and furniture retailer Conforama, which also sells electronics goods.
(Reporting by Nick Antonovics) ....>>

Raids will intimidate retailers to keep inventory they do not want, just to stop the threat of future "raids", where the EU will pry and probe into their books, and scare the hell out of them.

Of course gvatty, pgerassi, combjelly, DRBES, and several others don't see this .... They cheer and revel when the EU uses these tactics of extortion and intimidation.

It is the base mentality which espouses, "punish success and reward failure" and of course the classic addage:
......... "when all else fails, SUE!"

reuters.com

guardian.co.uk
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