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South Korean antitrust watchdog probing Samsung

Samsung Electronics Co. is under investigation by South Korea's fair trade watchdog over whether it is abusing its dominant position...

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Fptechno|Sep 06, 2012, 17:36:35 IST

Samsung Electronics Co. is under investigation by South Korea's fair trade watchdog over whether it is abusing its dominant position in the wireless market to disadvantage Apple Inc.

South Korea's Fair Trade Commission opened the probe in March into whether Samsung is using its monopolistic power to negotiate higher license fees from Apple, an industry official said, declining to be named because publicly speaking about the ongoing investigation may have an unfavorable effect.

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Samsung may be taking unfair advantage of its monopoly

The watchdog did not respond to calls.

In January, Europe's antitrust watchdog launched a similar investigation into Samsung over whether it is fairly licensing its patented wireless technology to other mobile phone makers.

Samsung sued Apple around the world claiming iPhone and iPad mobile devices are illegally using its patented wireless technology.

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Associated Press

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First Published:Sep 06, 2012, 17:36:35 IST
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