South Korea's antitrust regulator said Thursday it will order Intel Corp. to pay 26 billion won ($25.4 million) for violating fair trade rules. The Korea Fair Trade Commission said in a statement Thursday that it was issuing the order because the semiconductor giant offered rebates to South Korean computer companies and undercut competitor Advanced Micro Devices Inc. Intel immediately criticized the ruling and said it would consider its options, including a possible appeal.
South Korean Regulator Orders Intel to Pay $25.4 Million Fine Over Antitrust Probe
The Associated Press
June 5, 2008