Intel Fined in South Korea for Antitrust Rules Breach
The Korea Fair Trade Commission has hit Intel with a $25 million fine for violating antitrust rules by giving Samsung Electronics Co. and Trigem Computer.
The verdict is a setback for Santa Clara, California-based Intel as it awaits a ruling from the European Union, where regulators can fine companies up to 10 percent of annual sales for antitrust breaches. In 2005, Japan forced Intel to remove clauses restricting Japanese computer makers from using rival chips. Intel has also been sued by Advanced Micro in the U.S.
