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Tag Archive: Fair

South Korea Fines Intel $25 Mln

South Korea Fines Intel $25 Mln

South Korea’s Fair Trade Commission has fined U.S. chipmaker Intel some 26 billion won (about $25 million USD) for offering rebates and discounts to its customers in an effort to prevent those customers from buying competing products from AMD. The decision comes as Intel is being targeted by an EU antirust investigation and faces a U.S.-based antitrust suit from AMD. In 2005, Japanese regulators forced Intel to remove restrictions preventing customers from using rival chips.

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