“Manifestly disproportionate.” That’s how Intel describes the record $1.45 billion antitrust fine levied against it by the European Union, one the company evidently believes was meted out in error.
Pat Gelsinger isn’t the only Intel veteran leaving the company amid the big management restructuring announced today. Longtime general counsel Bruce Sewell is taking his leave as well. Which is odd, since Sewell has been quarterbacking Intel’s fight against antitrust allegations at home and abroad since, well, since they were first brought against the company.
Approved without incident by Sun shareholders in July and the U.S. Justice Department in August, Oracle’s planned $7.4 billion acquisition of Sun Microsystems seemed poised to easily pass muster with European regulators as well. Sadly for Oracle, that’s not how things have played out. Citing “serious concerns” about the deal’s effect on competition in the market for databases, the European Commission has opened an in-depth investigation into it.
The Justice Department’s extended antitrust review of Oracle’s proposed acquisition of Sun apparently turned up few issues of concern. Oracle said this afternoon that regulators have approved the $7.4 billion deal with no restrictions.
September third. That’s the day the European Commission will determine whether or not to clear Oracle’s planned $5.6 billion merger with Sun. And though there would seem, on the face of things, to be no serious antitrust objections to the deal, one never knows. Questionnaires distributed by the EC suggest the agency is particularly interested in the merger’s potential impact on MySQL.
Despite all its threats and protestations, Microsoft has finally capitulated to the European Commission’s demand that it bundle rival Web browsers along with Internet Explorer in Windows 7. “Microsoft has proposed a consumer ballot screen as a solution to the pending antitrust case,” the Commission said in a press release. Microsoft, for its part, says the move is a “big step forward.”
Intel proclaims itself a “Sponsor of Tomorrow,” but the company isn’t going to be a sponsor of the European Union if it can help it. The chip maker filed an appeal today challenging the European Commission’s $1.45 billion antitrust fine against it–the agency’s largest ever in a monopoly-abuse case.
Microsoft’s proposal to remove Internet Explorer from Windows 7 in Europe may put the company in compliance with European law, but it’s not going to lead to better competition in the browser market. That’s the word from Microsoft’s rivals at home and abroad who say the “must-carry” provision the European Commission has been mulling as a solution to the company’s antitrust indiscretions is the only one that will work.
What a brilliant move. The European Commission claims Microsoft’s practice of bundling Internet Explorer with Windows violates European competition laws, so the company strips IE out of European versions of Windows 7. Now the Commission can’t argue that Microsoft’s behavior distorts fair competition in the browser market because, well, there’s no browser.
Microsoft rolls out its new Bing search engine a few days early. Plus Kindle DX to ship on June 10 and more on the EC-Microsoft battle (June 1).
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best use of the Beeker “meee” ever.
While the technology behind the Telephone is new, the design is reassuringly old-fashioned, reminiscent of a phrenologist’s horn or ear-candle in form. We found the experience far more comfortable than the one we had with the Telegraph.
12:58 AM: Breakfast: Two schools of fish from Tokyo Bay. Calories: 782,000. How I was feeling when I ate this: confused, irradiated, hating my size.
11:37 AM: Exercise: “Taxi Stomp” (alternating legs, for 30 blocks). Calories burned: 148,900,183.
1983. The Beatles announce their first tour in thirteen years, but likewise announce that Michael Jackson will be going on tour with them as a one gigantic mega-concert event.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
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