ID :
34836
Wed, 12/10/2008 - 11:39
Auther :

Intel appeals S. Korea's anti-trust ruling

SEOUL, Dec. 10 (Yonhap) -- Intel Corp. said Wednesday it has filed a formal
complaint with a South Korean court to challenge a ruling against the world's
largest chipmaker by the nation's anti-trust regulator.

Wrapping up a two-year probe, the Korea Fair Trade Commission (KFTC) ruled in
June that Intel violated the nation's anti-trust law by abusing its market
dominance and pressuring computer makers to avoid using chips made by its rival
Advanced Micro Devices Inc. of the United States.
At that time, Intel was fined for some 26 billion won (US$18 million).
In a statement, Intel said the complaint was filed to the Seoul High Court,
claiming the KFTC's ruling was a "result of its misunderstanding in pricing
policy and competition conditions in the microprocessor chip market."
Officials at the public relations team at Intel's Korean unit were not
immediately available for comment.
(END)

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