Korean Antitrust Regulators Raid Intel

The Korean Fair Trade Commission paid the South Korean offices of Intel an unannounced visit Wednesday to seize more documents to support an antitrust claim in the country. The chipmaker is fighting numerous antitrust cases worldwide, and settled with the Japanese FTC last year.

The Korean inquiry revolves around the use of marketing practices such as sales quotas to gain an unfavorable advantage over its competitors. While the company has repeatedly denied any wrongdoing, the company's marketing practices have been a common theme in antitrust hearings. BetaNews | Korean Antitrust Regulators Raid Intel

Linked by shanmuga Friday, 10th February 2006 2:37AM