WASHINGTON Intel Corp. confirmed that it has received a "statement of objection" from the Korean Fair Trade Commission as part of a two-year antitrust probe of Intel's activities in South Korea.
According to an Associated Press report on Tuesday (Sept. 11), Intel received the document from South Korean investigators last week. The agency has been investigating allegations since June 2005 that Intel abused its market dominance by pressing PC makers not to use rivals' microprocessors.
Intel spokesman Chuck Mulloy was quoted in the AP report as saying Intel is "hopeful that we'll be able to show the commission that the microprocessor market is functioning normally and that this is an extremely competitive market and that our conduct has been pro-competition and beneficial to consumers."
South Korean media reported Tuesday that the commission was expected to rule in the Intel case no later than October.
Advanced Micro Devices Inc., which is pursuing antitrust actions against Intel in Europe and Japan, was quick to respond to the reports. "With the Korea Fair Trade Commission action, a third independent antitrust agency has charged Intel with abusing its dominant position in the x86 microprocessor market," AMD executive vice president Tom McCoy said in a statement.
"Following formal action in Japan and Europe, global scrutiny is increasingly focused on Intel's harm to competition and consumers alike," McCoy added.