Originally Posted by Bloomberg.com
June 5 (Bloomberg) -- Intel Corp., the world's biggest computer-chip maker, was fined about 26 billion won ($25 million) by South Korea's antitrust regulator for deterring competition by offering illicit discounts to customers.
Intel gave rebates to South Korean personal-computer makers such as Samsung Electronics Co. provided they didn't buy processor chips from Advanced Micro Devices Inc., the nation's Fair Trade Commission said today in an e-mailed statement. Intel will probably appeal the ruling, General Counsel Bruce Sewell said in a phone interview today.
The verdict mirrors a 2005 ruling by Japan's fair trade regulator, which led Intel to remove clauses restricting Japanese PC makers from using other companies' chips. The Santa Clara, California-based chipmaker also faces an antitrust investigation by European Union regulators for offering rebates.