Regulators charge Intel with antitrust violation in South Korea

Intel was charged with violating South Korean antitrust laws, an Associated Press report, quoting the company and regulators, said.

The Associated Press report quoted the Korean Fair Trade Commission as saying that it has completed a two-year probe into Intel's activities in the country, but officials declined to elaborate on the findings.

Regulators are now deliberating about possible penalties against Intel, which commands more than three-quarters of the worldwide market for microprocessors, the electronic brains of computers, the report said.

The Associated Press report said this is the latest legal setback for Intel, which is being scrutinized by antitrust regulators in several countries over allegations it abused its market dominance to pressure computer makers and undermine rivals, particularly Advanced Micro Devices.

Chuck Mulloy, legal affairs spokesman for Intel, confirmed that the company received a 'statement of objections,' a preliminary set of charges, from the commission last week, the report said.