03.90.2005 - Intel Agrees To Comply With JFTC Recommendation; Disagrees With Findings Of Fact

SANTA CLARA, Calif., March 31, 2005 - Intel Corporation today announced that its Japanese subsidiary, Intel K.K. (IJKK), is accepting a Recommendation from the Japan Fair Trade Commission (JFTC) dated March 8, 2005. Although IJKK accepts the Recommendation, the company does not agree with the facts underlying the JFTC's allegations and the application of law in the Recommendation. IJKK continues to believe its business practices are both fair and lawful, but the company believes that the cease and desist provisions of the Recommendation will not impair it from continuing to meet customer requirements. - View Press Release - Visit Intel Corporation