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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: smooth2o who wrote (219741)12/8/2006 8:40:45 PM
From: economaniackRespond to of 275872
 
"AMD can and could be indicted."

Can you offer any case law to support that? While I have no doubt AMD inherits any civil liability for collusive price support, I do not know whether they inherit criminal liability for the actions of the directors of another company. Moreover antitrust legislation is very much directed at the public interest. AMD has seen how little regulatory interest there is in their case, because it is somewhat hard to establish the public harm (as opposed to the damage to AMD) of Intel's alleged predatory practices. In the absence of evidence that AMD officials have engaged in wrongdoing, it is hard to see DOJ wanting to pursue an enforcement action against AMD, and hard to see how a punitive action against an acquiring firm redresses or deters the transgression. Again AMD presumably paid a multiple for any illicit earnings so they are out more than everyone else combined already.

E