South Korea's antitrust regulator said Thursday it has launched a full-scale investigation into alleged unfair market practices by U.S. wireless technology company Qualcomm. The company is embroiled in legal and trade disputes with a number of rivals that contend it extracts excessive royalty payments, a charge Qualcomm vigorously denies. Last year, Korea's trade authority received complaints claiming Qualcomm abused its market dominance.
January 05, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
South Korea’s antitrust regulator said Thursday it has launched a full-scale investigation into alleged unfair market practices by U.S. wireless technology company Qualcomm Inc.
The Fair Trade Commission early last month formed a task force to push forward a probe into allegations that the company used its dominant position in wireless technology to seek excessive royalties, said Shin Yeong-ho, an FTC official.
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