4 ms·

The EU fining a company and collecting are two very different things. I expect whatever fine they decide to be litigated until a favourable outcome is agreed up

The EU fining a company and collecting are two very different things. I expect whatever fine they decide to be litigated until a favourable outcome is agreed upon.

matt4077 9y ago
That's simply not true. See, for example, http://ec.europa.eu/competition/cartels/statistics/statistics.pdf http://ec.europa.eu/competition/cartels/statistics/statistic... Chart 1.2 (fines), compared to Chart 1.4 (Fines adjusted for court rulings) From 1990 to 2017, they collected 24.4 billion Euro of 26.7 that were imposed: Year Imposed Fine Adjusted for Court rulings 1990 - 1994 539 691 550 344 282 550,00 1995 - 1999 292 838 000 270 963 500,00 2000 - 2004 3 462 664 100 3 157 348 710,00 2005 – 2009 9 414 012 500 7 920 497 226,50 2010 – 2014 7 921 947 674 7 608 375 579,00 2015 - 2017. 5 091 156 000 5 091 156 000,00 total 26 722 309 824 24 392 623 565,50
- bitmapbrother 9y ago
  Of course it is. >Intel Wins Latest Round in Battle Over $1.17 Billion EU antitrust Fine. Intel Corp.’s fight to overturn a record 1.06 billion-euro ($1.17 billion) European Union antitrust fine received a boost from an adviser to the bloc’s top court in a case that could have ramifications for a growing list of disputes involving U.S. tech giants from Google to Apple Inc. https://www.bloomberg.com/news/articles/2016-10-20/intel-should-win-fight-over-1-16-billion-fine-court-aide-says https://www.bloomberg.com/news/articles/2016-10-20/intel-sho...
  - Oletros 9y ago
    Are you aware that your link doesn't prove your point? > If Intel ultimately prevails, it would be the commission’s first defeat in a case concerning so-called abuse of dominance by a company for “very many years,” said Trevor Soames, a competition lawyer in Brussels.
    - bitmapbrother 9y ago
      I believe it does. My point was that fining a company and collecting are two different things. The EU has yet to collect a dime from Intel.

The EU fining a company and collecting are two very different things. I expect whatever fine they decide to be litigated until a favourable outcome is agreed upon.

matt4077 9y ago

That's simply not true. See, for example, http://ec.europa.eu/competition/cartels/statistics/statistics.pdf http://ec.europa.eu/competition/cartels/statistics/statistic... Chart 1.2 (fines), compared to Chart 1.4 (Fines adjusted for court rulings) From 1990 to 2017, they collected 24.4 billion Euro of 26.7 that were imposed: Year Imposed Fine Adjusted for Court rulings 1990 - 1994 539 691 550 344 282 550,00 1995 - 1999 292 838 000 270 963 500,00 2000 - 2004 3 462 664 100 3 157 348 710,00 2005 – 2009 9 414 012 500 7 920 497 226,50 2010 – 2014 7 921 947 674 7 608 375 579,00 2015 - 2017. 5 091 156 000 5 091 156 000,00 total 26 722 309 824 24 392 623 565,50

bitmapbrother 9y ago
Of course it is. >Intel Wins Latest Round in Battle Over $1.17 Billion EU antitrust Fine. Intel Corp.’s fight to overturn a record 1.06 billion-euro ($1.17 billion) European Union antitrust fine received a boost from an adviser to the bloc’s top court in a case that could have ramifications for a growing list of disputes involving U.S. tech giants from Google to Apple Inc. https://www.bloomberg.com/news/articles/2016-10-20/intel-should-win-fight-over-1-16-billion-fine-court-aide-says https://www.bloomberg.com/news/articles/2016-10-20/intel-sho...
- Oletros 9y ago
  Are you aware that your link doesn't prove your point? > If Intel ultimately prevails, it would be the commission’s first defeat in a case concerning so-called abuse of dominance by a company for “very many years,” said Trevor Soames, a competition lawyer in Brussels.
  - bitmapbrother 9y ago
    I believe it does. My point was that fining a company and collecting are two different things. The EU has yet to collect a dime from Intel.