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Semiconductor industry

South Korea Investigates Intel Over Alleged Unfair Trading Practices

Strategic Insights

— 1 min read

South Korea's Fair Trade Commission (FTC) has launched an investigation into allegations that Intel Corp. was engaged in unfair trading practices in the local market, including abusing its market-dominating position to force companies to use Intel products exclusively. The probe is centered on whether Intel used its market power to compel companies not to use products made by rivals, such as Advanced Micro Devices Inc. Intel has been given until the end of August to submit relevant documents and its views on the questions raised.

Key Takeaways:

  • The investigation is focused on whether Intel used its market dominance to hinder fair competition in the South Korean market.
  • Intel is suspected of abusing its market position to force companies not to use products made by rivals, particularly Advanced Micro Devices Inc.
  • The Fair Trade Commission (FTC) has been conducting a preliminary probe into the allegations since March.
  • Intel has been given until the end of August to submit relevant documents and its views on the questions raised.
  • The FTC is investigating rebates and marketing contracts between Intel and producers of personal computers.
  • Intel has stated that it is working with the FTC and expects the matter to be resolved in a satisfactory manner.

Statistics:

  • The investigation has been ongoing since March.
  • Intel has been given until the end of August to submit relevant documents.
  • The FTC is investigating rebates and marketing contracts between Intel and producers of personal computers.

Sources:

  • Asia Pulse (Aug 9)
  • Yonhap (Aug 9)
  • Fair Trade Commission (FTC) press release ( exact date not provided)
  • Intel quarterly report filed with the Securities and Exchange Commission (exact date not provided)

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