SAN JOSE, Calif. — Intel Corp. late Thursday (March 31) said that it has accepted a recommendation from the Japan Fair Trade Commission (JFTC) to stop alleged unfair trade practices in the Japanese market.
More specifically, JFTC's recommendation directs Intel's Japanese subsidiary, Intel K.K., to stop sales practices that it alleges shut out competitors from the Japanese microprocessor market.
It is not clear if the JFTC will assess a penalty or will fine Intel. The JFTC has been conducting an antitrust probe against Intel since last year over alleged unfair business practices in that nation.
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