South Korean Court Upholds Qualcomm, Intel Antitrust Fines

Law360, San Diego (June 21, 2013, 5:44 PM EDT) -- A South Korean court on Wednesday reportedly rejected Qualcomm Inc.'s bid to toss a fine from the country’s antitrust regulator for alleged unfair licensing practices related to chip-set sales and a petition by Intel Corp. to nix its fine for allegedly handing out rebates to computer makers.

The Seoul High Court denied Qualcomm’s petition, allowing the fine of 273.2 billion won ($236 million) by the Korea Fair Trade Commission to stand, according to Yonhap News Agency. The court also refused Intel’s attempt to overturn the KFTC’s...
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