Korean Antitrust Regulators Visit Intel
The Korean Fair Trade Commission popped into Intel unannounced this week to seek more documents on an antitrust claim in South Korea.
The KTFC is looking into whether Intel has used marketing programs, product discounts or sales quotas in a manner that violated Korean antitrust law. Last year, the Japanese FTC asserted that Intel signed contracts with Japanese PC makers that effectively required these companies to limit the amount of processors they buy from Advanced Micro Devices.
Intel disputed the JFTC's finding of facts and law, but it agreed to send relevant employees to mandatory training classes and to give up some business practices. Intel did not pay fines. The nature of the raid in Seoul depends on one's perspective. AMD called the visit by the KFTC a dawn raid and used the terms "dawn raid" and "dawn raids" at least seven times in a press release.
Posted by - GoogleFreak
February 13, 2006, 4:04 pm
News Source - CNet
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