Korea accuses Intel of antitrust violations

In a statement, the South Korean Fair Trade Commission said it was investigating, "whether Intel violated the Korean Fair Trade and Monopoly Regulation Act and whether there would be any sanctions on Intel".

The KFC has been looking into the chip maker's business practices for nearly two years but hasn't revealed details of its investigations.

Intel spokesman Chuck Mulloy said the company will respond to the commission's findings.

"We hope to show to the commission's satisfaction the microprocessor market is functioning normally and Intel conducts its business lawfully and that our business practices are pro-competitive and beneficial to consumers," he said. µ

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This story was edited at 16.44 UK time