India's Antitrust Watchdog Penalizes Intel $3.3 Million Over Discriminatory Warranty Policy

Intel Corp (NASDAQ:INTC) stock is trending on Thursday. India’s antitrust regulator imposed a penalty on the chipmaker for implementing a discriminatory warranty policy on its boxed microprocessors in the country. Regulatory Action The Competition Commission of India (CCI) on Thursday imposed a penalty of INR 27.38 crores (approximately $3.3 million) on Intel Corporation for violating provisions of Section 4 of the Competition Act, 2002. The case originated from information filed by Matrix Info Systems P ...