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EU opens antitrust investigation into anticompetitive practices by Corning
- duringmath 2y ago[flagged]
- surgical_fire 2y agoUS company should try this weird, revolutionary thing instead: follow the damn regulations. Another option is stop operating in EU. That would also work.
- bayindirh 2y agoLate stage capitalism hates that one weird trick. Watch till the end.
- rsynnott 2y agoI mean this isn't even some weird EU regulation; it's just normal anti-trust stuff. The behaviour the EC is complaining about looks pretty similar to behaviour over which the US FTC investigated and successfully sued Intel over back in the day (see https://www.nytimes.com/2010/08/05/technology/05chip.html https://www.nytimes.com/2010/08/05/technology/05chip.html)
- GrantMoyer 2y agoAs a US citizen, thanks Europe for regulating our businesses.
- duringmath 2y ago[flagged]
- Am4TIfIsER0ppos 2y agoCan we in europe have some law making go in the other direction?
- GrantMoyer 2y agoYeah, we'll get right on it. Increasing tarrifs should do it, right?
- Am4TIfIsER0ppos 2y agoWhatever threats it'll take. I don't hold much hope. After all Trump couldn't even get us to raise defense spending to 2%.
- telkghji 2y agoDesigned in America. Made in China. Regulated in Europe.
- sebazzz 2y agoWell, it worked for USB-C and GDPR (which spirit was implemented in other non-EU countries as well). Look up: “Brussels effect”.
- rsynnott 2y agoAlso RoHS. After a token period of insisting that RoHS would cause the end of the world, manufacturers complied, and after a few years some even found that producing non-toxic products for Europe and toxic products for everywhere else was impractical, going globally non-toxic. Usually presenting this as something they were doing out of the goodness of their hearts; you may remember Apple making a big deal about dropping lead and mercury and similar about a decade back.
- hulitu 2y agoIt is not like electronic waste has not increased and the RoHS products are are not toxic. /s
- sebazzz 2y agoYou always throw out the baby with the bathwater?
- extraduder_ire 2y agoI think the only major hardware issue I've heard attributed to RoHS was some of the errors with xbox 360s because microsoft weren't great at using lead free solder yet. Though, I didn't go looking.
- rsynnott 2y agoThere were a bunch of mostly small-scale issues with solder whiskering, yeah; that Xbox thing was probably about the biggest. Swatch also notably had major problems (though they were trying to eliminate leaded solder somewhat _before_ RoHS; it's not like no-one cared about this until RoHS). Also, of course, "systemic problem with _leaded_ soldering" was also a thing before RoHS; it's not like all was well in electronics manufacturing before then. You may, for instance, if you're old enough, remember the circa 2007 MBPs with the dying GPUs; that was a solder thing, and it predates RoHS.
- justinclift 2y agoDon't you think the things Corning are accused of seem pretty anti-competitive though?
- highcountess 2y agoDo you remember what was said? The censorious overlords deny us the human right of autonomy to see things and make choices about things like seeing what was written.
- rsynnott 2y agoChange `showdead` to `yes` in your settings, and you'll see. (NB. This will expose you to some aggressively stupid comments.)
- highcountess 2y agoI get the sentiment, but there really has to be a better way than letting some mod overlords determine what I may be allowed to see, even going to far as to not just taking my autonomy to choose, but to even hide the existence of the choice. I am sure you see my point.
- justinclift 2y agoIt's literally a user controlled setting.
- hiatus 2y agoWhen I owned a cafe, a Coca Cola rep once came by and we set up a deal wherein I would get display refrigerators to put in my store and Coca Cola would resupply them with product. After a point, I found I could buy other drinks more cheaply from Restaurant Depot and filled the fridges with them, reducing my orders from Coke. They must have realized because the rep returned and asked me to only store drinks we bought through them in the fridges. How is this situation any different? Are suppliers unable to offer you a discount in exchange for exclusivity?
- rsynnott 2y ago> How is this situation any different? They asked you not to put their competitors' stuff in 'their' fridge. They didn't say that you weren't allowed to buy competitors' stuff without their permission, or require you to inform them if competitors even _talked_ to you. Like, whether Coca Cola should be allowed do that is another question, but it _is_ a very different thing, and certainly a far less aggressive thing. For what it's worth, though, both the FTC and the EC have repeatedly investigated Coca Cola over various anti-trust issues, including around how they deal with distributors.
- michael_j_x 2y agonot if they have monopoly status
- bayindirh 2y ago> How is this situation any different? CocaCola corporation kindly asked you to put only CocaCola corporation products in a fridge produced and owned by CocaCola corporation. They didn't ask you to stop selling competitor products, let them know when you buy competitor products and certainly didn't ask for the receipts and told you them they will try to price-match them, and only allow you to buy competitor products if and only if they can't price match, which effectively limits what you can buy and sell. On top of that what CocaCola corporation did has no place in law terminology, but what Corning allegedly did has a place [0]. [0]: https://www.ipglossary.com/glossary/english-clause/ https://www.ipglossary.com/glossary/english-clause/
- makeitdouble 2y ago
- deleted 2y ago[deleted]
- tiahura 2y agoThankfully, Trump has indicated that these sorts of anti-US measures, that Biden was too weak to deal with, will be met with equivalent investigations and sanctions on comparable EU companies. If I was a European company, like LVMH, that depends heavily on exports to the US, I might be getting a little nervous reading about a new EU investigation into another US company.
- sangnoir 2y agoEverybody knows, like the man said, "Trade wars are easy to win"... right up to the moment the other side starts buying grain from Brazil instead of the American midwest.
- qwe----3 2y agoBoth sides lose in a trade war and Europe is in a worse starting place
- zuhsetaqi 2y agoWhich I would also welcome because it makes them focus more on the EU which makes EU less dependent on US
- WhereIsTheTruth 2y agoAt some point, the US will run out of trade partners if it sanctions all those who denounce its anticompetitive practices
- sham1 2y agoAnti-US measures, as in… investigating anti-competitive business practices? You're saying this as if the EU is just doing this for the hell of it. That's frankly just silly. And yes, I would expect that if an European company would be guilty of anti-competetive practices over there in the US, that the company would get repercussions. And, well, if Trump wants to challenge us in a trade war again, be our guest. It probably won't go any better than last time.
- 2y ago