India News | HC Allows CCI to Continue Proceedings Against Intel
Get latest articles and stories on India at LatestLY. The High Court of Karnataka on Tuesday allowed the Competition Commission of India (CCI) to continue its proceedings against Intel Technology India Pvt Limited's India-specific warranty policy.
Bengaluru, Aug 23 (PTI) The High Court of Karnataka on Tuesday allowed the Competition Commission of India (CCI) to continue its proceedings against Intel Technology India Pvt Limited's India-specific warranty policy.
The HC also imposed a cost of Rs ten lakh on the company for "delaying tactics".
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The petition challenging the competition watchdog's investigation into the India-specific warranty policy of Intel was pending since 2019.
Earlier this year, a Supreme Court direction to dispose of the matter expeditiously and a timeframe set for it expired.
Matrix Info systems, a New Delhi-based company, had filed a case before the CCI against Intel following which the CCI ordered an investigation whether the India-specific warranty policy of Intel was leading to denial of business to other importers of Intel's Boxed Microprocessors into India.
Intel had challenged this investigation before the HC. Justice Krishna S Dixit disposed of the case.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)