Richard Morrison throws in with Jeremy Lott and William Yeatman to bring you Episode 69 of the LibertyWeek podcast. We start by pigging out on swine flu statistics, putting off action on global warming and wagging our finger at a corrupt judge. We proceed with the fight between Intel and AMD and wrap up with an interview with CEI Senior Fellow Gregory Conko on how to end world hunger.
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by Ryan Young
November 13, 2009 @ 5:10 pm
Over at the Washington Examiner’s Opinion Zone, Wayne Crews and I explain why New York Attorney General Andrew Cuomo’s antitrust lawsuit against Intel is a mistake.
Calling Intel’s business practices “bribery” and “coercion” is little more than argument by assertion. Rebates and exclusivity deals are normal competitive behavior. Not only is Intel facing increasing competition in its home turf, that small segment is hardly the extent of the relevant competitive market. Intel faces an uncertain future as consumer tastes shift to smaller…
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by Elizabeth Jacobson
November 12, 2009 @ 6:45 pm
Intel and AMD have announced a settlement in their 4-year legal antitrust battle. As per the agreement, Intel will pay AMD $1.25 billion, an amount that’s likely far less than what they would have owed had Intel lost it’s case in court. Intel claims that it will not change its business practices because they were never illegal in the first place.
Hopefully, this agreement between private companies will send a signal to the Federal Trade Commission, New York Attorney General Andrew Cuomo,…
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Your host Richard Morrison teams up with Jeremy Lott and Josh Barro to bring you Episode 68 of the LibertyWeek podcast. We start with Saturday night’s healthcare vote in the House, Freddie Mac’s losing bets and a gift card scandal in Charm City. We then move on to Andrew Cuomo’s attack on Intel in New York and Josh tells us why we can expect more tax hikes in the future.
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by Wayne Crews
November 04, 2009 @ 2:12 pm
A statement from New York Attorney General Andrew Cuomo this morning announces the launch of an antitrust lawsuit against chipmaker Intel. Intel supposedly is “bribing” and “coercing” computer manufacturers like Dell, HP into using its chips.
Intel gives them money and rebates to use Intel chips. Think about that; they don’t have to pay as much, and get paid themselves, to use Intel chips rather than AMD ones.
I like it when I get rebates and cash, myself, but I’m just crazy.
Let’s…
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by Elizabeth Jacobson
November 04, 2009 @ 12:56 pm
Rumors abound that graphics chip maker Nvidia is getting set to enter the x86 processor market. Recall that, according to AMD’s lawyers, the processor market is uncompetitive and being unfairly monopolized by Intel.
Now, if the antitrust lawyers are correct, and the CPU market is uncompetitive and needs government intervention, then there must be some barriers to entry that are keeping other competitors out of the market, allowing Intel to reap outrageous profits. However, if Nvidia can and does enter the processor market…
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by Ryan Young
October 06, 2009 @ 10:44 am
Over at the Detroit News, Hans Bader and I explain why corporations have human rights despite not being human. The reason why? Transaction costs.
This has implications for everything from Intel’s EU antitrust battle to newspapers’ free speech rights.
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by Elizabeth Jacobson
September 16, 2009 @ 11:51 pm
Intel is in the news again, this time for fighting the European Commission’s record-shattering $1.4 billion fine against the company. In its appeal, Intel accuses the Commission of having failed to prove that Intel’s allegedly anticompetitive tactics actually harmed consumers in any way.
Recall that it wasn’t a consumer group that brought this case against Intel. Rather, this case was pushed by its rivals. In fact, both Intel and its closest competitor, AMD, have spent hundreds of thousands of dollars on lobbying in…
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by Ryan Young
September 10, 2009 @ 5:57 pm
Intel’s defense in its EU antitrust case has taken the surprising line that the company’s human rights were violated. Over at Real Clear Markets, CEI colleague Hans Bader and I take a closer look. We conclude that Intel actually has a pretty good argument.
Corporations have human rights because doing so greatly reduces transaction costs: “suppose your company wants to buy some computer chips from Intel. You could have each shareholder sign the sales contract - good luck finding them all -…
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by Hans Bader
August 10, 2009 @ 7:13 pm
Intel alleges that its due process rights were violated by a massive $1.45 billion fine recently imposed as a result of a one-sided antitrust investigation that excluded evidence of its innocence. It says that a biased investigation by the European Commission violated the European Convention on Human Rights. Despite its title, the Convention protects not just humans but also “non-governmental organisations” like corporations, as its text and many court rulings confirm.
I think Intel has a strong case. But some commentators have…
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by Elizabeth Jacobson
May 26, 2009 @ 12:58 am
May so far has been full of omens for the future of technology regulation. On Monday the 11th, the Obama administration announced that it would take a tougher new stance on antitrust issues and repealed several antitrust guidelines issued by the Justice Department under George W. Bush. Christine Varney, the newly confirmed assistant Attorney General for antitrust, vowed to keep tech companies in the line of fire.
On May 13th, the European commission fined Intel $1.45 billion for engaging in “anti-competitive practices,”…
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Richard Morrison and Cord Blomquist bring back special guest co-host Jeremy Lott to create the work of art known as Episode 42. We start with the continuing buzz over the Supreme Court’s next member, President Obama’s trillion dollar healthcare plan, and an update on how Hugo Chávez is turning Venezuela’s petroleum reserves into his personal piggybank. We add good news from East Texas for beer drinkers, bad news from Europe for technophiles and sad news from Philly for basketball fans.
Listen to the episode HERE.
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