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[Bb]Intel Antitrust Fines in South Korea

post #1 of 36
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Quote:
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.
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post #2 of 36
Have to admit if they were selling chips to OEMs discounted with a stiplulation that they not buy any chips from AMD (not sure if it means "instead of Intel" or "in addition to Intel"), that's some shady business. If the points in the article are true then Intel should pay up some fines.
post #3 of 36
Wow only $25 million? lol
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post #4 of 36
can they play fair at all?
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post #5 of 36
All companies do this lol. If AMD had done this and they had been a huge company like Intel the fair trades commission would have been all over their ass.
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post #6 of 36
I just dont like the if you aren't cheating you aren't trying attitude. I'm too soft to run a corporation I guess.
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post #7 of 36
EXCELLENT!

They can mess around in USA but they cannot mess around in South Korea! Show them!!
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post #8 of 36
Europe is next. What goes around comes around Intel.
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post #9 of 36
no formal charge has been set yet , so hold your horses before bashing Intel , or any1 else for that matter.
let the justice system do what it's suppose to do , I hate to blame someone then to find out it wasn't based at all.
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post #10 of 36
Yeah that 26 Million fine will really show them...not

500Mill + Please =)

Would be nice to have a $750,000,000 fine slapped on Intel, that would actually make them think - hmm...maybe we shouldnt do this
    
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