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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.83+1.7%Jan 16 9:30 AM EST

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To: combjelly who wrote (252042)5/19/2008 4:55:45 PM
From: Sarmad Y. HermizRead Replies (1) of 275872
 
>> Now, if you take FPG's suggestion and actually google the term, you will find that it definitely is a US legal concept also. And has been for a while.
<<

I have read several summaries of cases on pricing in the US. They are clear in stating the standard in the US is "average variable cost". If you can find something different, please post it. AMD's position is usually cited as the position that is rejected. Specifically ninth circuit, which had a wide ranging opinion, that the supreme court has allowed to stand.

Taking your suggestion, and reading what some economist says courts should do, is not as useful as reading what courts have in fact done.
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