South Korea opens antitrust probe into Samsung
Summary: Samsung is now being investigated by two antitrust authorities -- in Europe and now South Korea -- following a complaint by Apple.
South Korean antitrust authorities have opened an investigation into claims that Samsung is abusing its dominant market position, following complaints filed by Apple.
It follows similar action by the European Union's antitrust authorities, which are examining whether Samsung "abusively" used standard-essential patents -- technologies that must be licensed fairly because they are critical to competitors' compatibility -- to "distort competition" by using them as ammunition in European lawsuits.
A Korean Fair Trade Commission (KFTC) official, speaking anonymously to the Associated Press, said the commission was "reviewing whether allegations in the complaint lodged by Apple are true."
"Apple filed a complaint earlier this year that Samsung is breaching fair trade laws."
Despite the two companies' component partnership -- Apple iPhones and iPads contain Samsung-built chips -- both firms remain bitter rivals in the smartphone and tablet space as they clamber for relevance and market share in an already overflowing market.
Apple won a landmark victory in the U.S. after a jury found that Samsung had copied elements of the iPhone, leading to Samsung paying Apple more than $1 billion in damages.
A Samsung spokesperson told Reuters that the company, "has at all times met its obligations to the fair licensing of its telecommunications standards-related patents."
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Talkback
This is ironic
Must repeal antitrust laws
Let's turn this around
So do you STILL say that Anti-Trust laws make no sense?
"Any restriction on Microsoft after they have convinced large numbers of people to voluntary buy their products would be a massive violation of Microsoft's rights."
How about now? Still have that stance on the Anti-Trust laws?
go back to
Let me guess
And I note
Mother insults...
But In the grown up world of paying for your gadgets with your salary, let's not forget the most famous anti trust victory - being able to purchase a pc without also having to purchase an OS if you so wish.
No law is perfect, but you can't just get rid of them all. Believe it or not there's usually a reason they are there.
Samsung is bad!
What is Apple's profit share in the disputed markets?
Huh, that's quite the anti-competitive actions from Samsung. Poor Apple, always the victim.
Who Cares?
What does that have to do with Samsung?
Film at eleven. You will be informed of the decision.