South Korean antitrust investigators fined Intel Corp. 26 billion won (approx. US$25 million), for illegal rebates and parts discounts to manufacturers on condition that they not buy from rival manufacturer AMD.
The fine, which closely mirrors the outcome of a similar antitrust investigation in Japan in 2005, makes Intel the second major global technology company to be disciplined by South Korea’s Fair Trade Commission, after Microsoft in December 2005.
Intel said it was displeased with the outcome of the order, and is considering appeal.
to Daily News