Intel denies India market power abuse following probe

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".

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TOPICS: Legal, Intel, India
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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, Intel, India

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