South Korean investigators probe Samsung over Apple antitrust complaints

“South Korean regulators are investigating complaints filed by Apple Inc that Samsung Electronics Co is abusing its dominant position in wireless technology, the Korea Fair Trade Commission (FTC) said on Thursday,” Miyoung Kim reports for Reuters.

“The FTC is investigating whether Samsung is unfairly competing in the market by abusing its dominance in wireless technology patents,” Kim reports. “Apple filed its complaints earlier this year, said an FTC official, who is not authorized to talk to the media.”

Kim reports, “European Union regulators have also been investigating Samsung for possible breaches of antitrust rules by accusing rivals of infringing its technology patents. Samsung pledged in 1998 to license its 3G patents to the European Telecommunications Standards Institute on fair, reasonable and non-discriminatory terms. Samsung said it has at all times met its obligations to the fair licensing of its telecoms standards-related patents.”

Read more in the full article here.

MacDailyNews Take: Our crystal ball says: “And then Lee Kun-hee, Chairman of Samsung Electronics and mega tax evader, dipped into his multimillion-dollar slush fund and the Korea Fair Trade Commission investigation magically found no improprieties whatsoever.”

Samsung owns South Korea.

Boycott Samsung unless you enjoy financing criminals.

16 Comments

  1. Throughout history, the Rule of Law has been what has liberated mankind and created the freedom to pursue the goals of wealth. Whenever we stray from clinging to the Rule of Law, the corruption takes over and trust is eroded, business slows and the few that flourish will eventually be brought down by our indignation of the unfairness of it all. Justice will eventually prevail but it may take a long time for the population to rise up.

    1. “Whenever we stray from clinging to the Rule of Law, the corruption takes over and trust is eroded, business slows and the few that flourish will eventually be brought down by our indignation of the unfairness of it all. Justice will eventually prevail but it may take a long time for the population to rise up.”

      Well stated. There’s a better than even chance that the population will be “rising up” in November.

  2. In S. K., the chaebols can do whatever they want. They make and break the rules depending upon how much money they can make. Apple means nothing to them because Apple is made up of a bunch of low-birth working-class stiffs. Chaebols are royalty.

  3. I predict big problems, and big fines, for Samsung in the EU. Samsung may own everyone in Korea, but they are just beginning to find out that they don’t own anyone in their export markets. The Frand-related problems will cost Samsung big-time, for a long time. Standards-setting bodies will likely avoid any Samsung IP in future.

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