Intel Fined $3.3 Million in India Over Discriminatory Warranty Policy

India's Competition Commission (CCI) has imposed a $3.3 million fine on Intel for implementing a discriminatory warranty policy. The penalty stems from a policy, effective April 2016, that only honored warranties for boxed microprocessors purchased from authorized Indian distributors. This practice was deemed discriminatory compared to Intel's global warranty standards. Intel has since discontinued the contentious policy, a factor that mitigated the final penalty amount. Analysts note that the $3.3 million fine is negligible for a company of Intel's scale. Furthermore, the discontinuation of the policy significantly limits any future financial or reputational risk for the tech giant.

Sources:Benzinga