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Latest Business News

Intel Accepts Japan Fair-Trade Order

Thursday, March 31, 2005 8:54:02 PM
By MATTHEW FORDAHL

SAN JOSE, Calif. (AP) - Accepting the punishment recommended by Japan's fair trade agency, Intel Corp. said Thursday it would change some of its business practices that critics contend gave the chip maker an unfair advantage in the personal computer market.

But the world's largest semiconductor company said it still disagrees with the accusations and questions how Japan's Fair Trade Commission was applying the law.

Intel's response came nearly a month after the agency ruled the company violated Japan's anti-monopoly laws by offering discounts in exchange for exclusive or near-exclusive deals with Japanese computer makers. The investigation was triggered by the complaints of rivals.


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