“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.