socialmedian: 5 O’Clock Roundup: FTC vs Intel, EMI vs BlueBeat, eBay vs common sense

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5 O’Clock Roundup: FTC vs Intel, EMI vs BlueBeat, eBay vs common sense

Source: VentureBeat

Nov 05, 2009

Summary

The FTC may sue Intel, too – FTC Chairman Jon Liebowitz and Commissioners Pamela Jones Harbour and Thomas Rosch are, according to Reuters, in favor of filing a complaint.

“The basic allegation is that Intel entered into relationships with IBM and Dell and H-P designed to stop AMD’s growth,” antitrust lawyer John Harkrider told the Wall Street Journal. “It’s not really a question of the impact of AMD, but on the impact of the competitive process.”

J.P. Morgan drawn into managing industries it had not planned to run. – More than a hundred years ago, John Pierpont Morgan Sr. reorganized bankrupt railroads and took them over. The action was dubbed Morganization.

These days, J.P. Morgan the company owns stakes in dozens of companies employing thousands of employees, the Wall Street Journal reports. As these firms declare bankruptcy, Morgan is being forced to take them over in order to save its original loans, whether it wants to get involved in running Bally Total Fitness or not.

Online music service Bluebeat.com serves up the Beatles. EMI serves up a lawsuit – It’