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Samsung taking heat from Korean government over monopoly concerns

Corey

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Corey Apprentice

Corey

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Samsung Monopoly Investigation

Apple (AAPL) isn’t just getting Samsung (005930) into legal hot water in the United States anymore, as Reuters reports that the Korean manufacturer could be feeling the heat in its own country as well. According to Reuters, the Korea Fair Trade Commission is “investigating complaints filed by Apple Inc that Samsung Electronics Co is abusing its dominant position in wireless technology.” Specifically, the Korea FTC is looking into whether Samsung has been abusing its power as a dominant holder in the wireless patent space.

Reuters doesn’t say exactly how Samsung might be abusing its power but it notes that “European Union regulators have also been investigating Samsung for possible breaches of antitrust rules” stemming from Samsung’s alleged violation of its pledge “to license its 3G patents to the European Telecommunications Standards Institute on fair, reasonable and non-discriminatory terms.”

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