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

To: Elmer Phud who wrote (259478)	4/6/2009 12:37:15 PM
From: fastpathguru	Read Replies (1) \| Respond to of 275872

fpg - You're the one who is lacking in reasoning skills and convincing yourself is hardly a win when you were convinced before this discussion began. Being convinced that my position was the correct one? Guilty as charged I guess. And rightly so. Me: Clearly protecting competition is intended as a means of protecting the consumer. You: Clearly? This is exactly what I've been saying all along, and you have been arguing with me every step of the way! No this is exactly the opposite of what you have been saying. If the court agrees that protecting the consumer is the ultimate intent then it seems to me your argument falls apart because AMD will have to show how the consumer has been harmed by lower prices and higher performance/features. Protecting competition at the expense of the consumer, rather than protecting the consumer himself, is AMD's only hope here because they can not show any consumer harm nor can they show Intel sold below cost. Hypotheticals don't count. Produce a contract. That's why it makes a difference if the law ultimately protects the consumer or competition. You've argued it protects competition, I've argued it protects the consumer. Neither of us are skilled in the law, just opining. A) Surely you're not accusing me of promoting the idea that antitrust law protects competitors and not the process of competition? Because I've made the distinction many times in the history of this thread. B) Go back, read my updated post that includes the excerpts from the DOJ, and show me one instance where I posted something that conflicted with it. One instance. C) Get it through your head that protecting consumers is a benefit of antitrust laws, not the benefit, and not their sole raison d'etre. As confirmed by the USDOJ: The historic goal of the antitrust laws is to protect economic freedom and opportunity by promoting competition in the marketplace. Competition in a free market benefits American consumers through lower prices, better quality and greater choice. Competition provides businesses the opportunity to compete on price and quality, in an open market and on a level playing field, unhampered by anticompetitive restraints. fpg