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Tuesday, 11 September 2007 12:13

Korea closes Intel anti-trust probe

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Two year investigation

 

South Korea has shut down its two-year probe into Intel Corp.'s activities in the country.

According to Associated Press, South Korean media have reported the inquiry centred on allegations Intel, abused its market dominance by pressuring computer makers to avoid using chips made by its rivals.

A commission official told Associated Press that it had done all the investigating it needed and the results have recently been presented to the decision-making committee to discuss possible sanctions.

It seems that the commission decided to take no action other than give Intel a formal warning"statement of objection".

However Intel still said that it will be responding to the findings, can request a hearing.

An Intel spokesman said that it was hopeful that it could show the Commission that the microprocessor market is functioning normally.

More here.

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