Intel denies India market power abuse following probe

Summary:The chip giant has defended its practices, following the completion of an 18-month long investigation by the country's Competition Commission that it had indulged in "restrictive trade practices".

intel-sign
India's chief competition regulator has completed an investigation of Intel's alleged abuse of its dominant market position.

India's fair trade regulator has completed an 18-month investigation of Intel's alleged abuse of its dominant market position.

According to The Times of India on Monday, citing a source, the director general of the Competition Commission of India (CCI) submitted its "voluminous" report that explored if Intel indulged in restrictive trade practices.
 
The article did not disclose the findings, which is now being considered by the CCI commissioner.
 
However, an Intel spokesperson told the Indian publication it "believes" its business practices are lawful. "We have been cooperating with CCI for the past 18 months based on a complaint filed in conjunction with a business legal dispute with an Indian distributor," the spokesperson said.

In 2009, Intel was fined a record US$1.45 billion by the EU in an antitrust case, for abusing its dominance in the computer chip market to exclude longtime rival AMD.

Topics: Legal, India, Intel

About

Mahesh Sharma earned his pen licence in his homeland, where he covered the technology industry for ZDNet, SMH, Sky Business News, and The Australian--first as an FTE, and later as a freelancer. The latter fueled his passion for startups and empowered a unique perspective on entrepreneurs' passion to solve problems using technology. Armed... Full Bio

zdnet_core.socialButton.googleLabel Contact Disclosure

Kick off your day with ZDNet's daily email newsletter. It's the freshest tech news and opinion, served hot. Get it.

Related Stories

The best of ZDNet, delivered

You have been successfully signed up. To sign up for more newsletters or to manage your account, visit the Newsletter Subscription Center.
Subscription failed.