Skip the navigation

South Korean officials seek more documents from Intel

Regulators paid an unscheduled visit to the vendor this week

By Sumner Lemon
February 10, 2006 12:00 PM ET

IDG News Service - Korea Fair Trade Commission officials earlier this week paid "an unscheduled visit" to Intel Corp.'s office in Seoul, seeking additional documents from the company as part of an ongoing investigation into its business practices, an Intel spokesman said.
"They made the call during normal business hours," said Chuck Mulloy, an Intel spokesman, challenging rival Advanced Micro Devices Inc.'s characterization of the visit as a "dawn raid." The visit took place on Tuesday, he said.
The KFTC visit was related to a previously announced investigation into Intel's business practices. In June 2005, Korean regulators first requested documents from Intel related to its dealings with local PC makers, including its marketing and rebate programs. Intel revealed the investigation in an August 2005 filing with the U.S. Securities and Exchange Commission.
"They're seeking additional information into our business practices," Mulloy said, noting that Intel has provided information to KFTC investigators in recent months. "The only thing that's marginally unusual is that this was an unscheduled visit that we didn't expect," he said.
South Korea isn't the only country where Intel faces scrutiny over its business practices. In July 2005, European Commission officials raided Intel offices in Swindon, England, and Munich, Germany, as part of an investigation into the company's business practices in those places.
In addition, the Japan Fair Trade Commission last year recommended that Intel end its practice of offering funds to PC makers in exchange for a commitment not to use processors from its competitors. Intel accepted those recommendations, which came after a lengthy JFTC investigation, saying at the time that it wanted to avoid a protracted legal battle.
Intel is also being sued in the U.S. and Japan by AMD over alleged antitrust violations. Intel has denied the charges.
"We have been scrutinized many times in the past, and we expect to be in the future," Mulloy said. "It comes with the territory."

Reprinted with permission from IDG.net. Story copyright 2012 International Data Group. All rights reserved.
What is Tech Briefcase?
TechBriefcase is a new, free service where IT Professionals can Search, Store and Share IT white papers and content like this. Learn more
Bookmark content
Speed up your research efforts with content across the web.
Search and Store
Find the white papers you need. Create folders for any topic.
View Anywhere
Open your briefcase on your iPhone, tablet or desktop. Share with colleagues.
Don't have an account yet?
Additional Resources
Security KnowledgeVault
WHITE PAPER
Security is not an option. This KnowledgeVault Series offers professional advice how to be proactive in the fight against cybercrimes and multi-layered security threats; how to adopt a holistic approach to protecting and managing data; and how to hire a qualified security assessor. Make security your Number 1 priority.

Read now.

Cut Communications Costs Once and for All
WHITE PAPER
New IP-based communications systems are being deployed by small and midsized businesses at a rapid rate. Learn how these organizations are enabling faster responsiveness, creating better customer experiences, speeding office or mobile interactions, and dramatically reducing existing communications costs.

Read now.

Hardware White Papers
Gary Watson, CTO, Nexsan: 6 Tips for Selecting Hard Drives
What type of drives should be used for what types of data? Selecting a drive and interface can seem complex with considerations of...
10 Reasons to Modernize the Desktop
Learn how to enhance your business through VMware View
The Laptop Dilemma: How to Maximize Productivity and Lower the Burden on IT
Download Now
Protecting Against Database Attacks and Insider Threats: Top 5 Scenarios
Read this new eBook to learn the top five scenarios and essential best practices for preventing database attacks and insider threats.
Database Activity Monitoring Is Evolving
Read the analyst report and learn how you can leverage the core capabilities of a DAP solution for better database security.
All Hardware White Papers
Hardware Webcasts
Distributed Database Security with Real-time Monitoring
View this demo and learn how IBM InfoSphere Guardium database activity monitoring can help protect your sensitive data in distributed DBMS environments with...
InfoSphere Warehouse Packs Demo
These flash modules make warehousing more tangible and relevant to business users through detailed explanations of the InfoSphere Warehouse Packs.
Delivery Management -- Extending Lifecycle Management
Date: Wednesday, June 20, 2012, 1:00 PM EDT

Siloed organizations continue doing the wrong things and doing things wrong, leading to increased costs,...
Leverage automation today to reduce IT complexity
Date: Tuesday, June 5, 2012, 2:00 PM EDT

Whether your B2B complexity is caused by multiple technologies due to M&A, business or application specific...
Redefine Expectations in the Data Center
Need to do more with less? Watch this video to learn how HP ProLiant Gen8 servers can help your business deploy servers three...
All Hardware Webcasts
Newsletter Sign-Up

Receive the latest news test, reviews and trends on your favorite technology topics

Choose a newsletter
  1. View all newsletters | Privacy Policy
IT Jobs