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CCI fines Intel Rs 27.38 crore for India-specific warranty policy

Indian Community Editorial TeamBy Indian Community Editorial TeamFebruary 12, 20261 Min ReadNo Comments Add us to Google Preferred Sources
CCI fines Intel Rs 27.38 crore for India-specific warranty policy
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The Competition Commission of India (CCI) has imposed a penalty of Rs 27.38 crore on Intel Corporation for its India-specific warranty policy related to boxed microprocessors. The penalty, set at 8% of Intel’s average relevant turnover, was enforced due to the policy being in place for eight years.

In light of mitigating factors and the discontinuation of the policy from April 1, 2024, the Commission reduced the penalty amount to Rs 27.38 crore. Additionally, Intel has been instructed to publicize the withdrawal of the India-specific warranty policy and provide a compliance report.

Under Section 27 of the Competition Act, 2002, the CCI issued the order citing a violation of Section 4 of the Act. The case was initiated based on a complaint filed by Matrix Info Systems Private Limited under Section 19 (1)(a) of the Act.

Boxed Microprocessors Competition Act 2002 Competition Commission of India India Intel Corporation Matrix Info Systems Private Limited
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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