News Posts matching #EU

Return to Keyword Browsing

German Reseller Stakes Claim to Several Brand Names, Targets Competitors

In EU, a land that worships fair market practices, that recently booked two of the biggest names in the IT industry (Intel, Microsoft) for anti-competitive market malpractices, and penalized them for billions of Dollars, one would expect high standards of business practices. Apparently one has to peel the onion to find it's not all that fresh inside. Aquatuning, a German reseller has found an interesting way of locking its competitors out, of pretty much everything it does. The store deals in high-performance PC component cooling products, such as water-cooling components. In order to make sure nobody else in the country sells what it does, the company is registering the brands its sells, under its own name.

Pirate Party Elected to EU Parliament

The Pirate Party silenced skeptics, gathering enough votes in the European Union elections this year, to make it to the Parliament from Sweden. This serves as a huge victory to the party whose ideology revolves around fighting harsh and archaic copyright laws and enforcement agencies, that it finds incompatible with the digital age we live in. The party secured 7.1 percent of the 99.9 percent districts' votes counted, which guarantees at least one of the 18 or 20 seats Sweden contributes to the EU Parliament. Sweden has 20 seats, but until the Lisbon treaty passes only 18 with voting rights. In this case, the party might secure 2 seats.

Rick Falkvinge, leader of the party, in a statement to TorrentFreak said "Together, we have today changed the landscape of European politics. No matter how this night ends, we have changed it." National and International press gathered in Stockholm, where the party celebrates its landmark victory. "This feels wonderful. The citizens have understood it's time to make a difference. The older politicians have taken apart young peoples' lifestyle, bit by bit. We do not accept that the authorities' mass-surveillance," Falkvinge added.

EU Fines Intel a Record €1.06 Billion in Antitrust Case

Following the news we covered the other day, the verdict is now in, and as expected Intel has been found guilty and fined €1.06 Billion ($1.45b/£948m) by the European Commission for anti-competitive practices. This fine smashes the €497 million fine issued to Microsoft by the EU in 2004 for abusing its dominant market position. Nine years on from when AMD first made a complaint that Intel had paid computer manufacturers not to use AMD chips in Europe the EU have ruled that Intel had given rebates to manufacturer's if they only used their chips, and had also found that a retailer had been paid to sell only Intel based systems.
"Intel has harmed millions of European consumers by deliberately acting to keep competitors out of the market for computer chips for many years," said Competition Commissioner Neelie Kroes, "Such a serious and sustained violation of the EU's antitrust rules cannot be tolerated."
Return to Keyword Browsing
Nov 21st, 2024 12:50 EST change timezone

New Forum Posts

Popular Reviews

Controversial News Posts