Major Korean manufacturers and carriers fined $40 million for illegal price rigging and fraud

Popular Korean manufacturers and carriers have found themselves in a bit of trouble with the authorities. The affected companies include Samsung, Pantech, LG, LG Upius, KT and SK Telecom. Some of these are major world-wide players. And the Korean government, along with the FTC, has fined them with a 45.3 billion won (about $40.1 million ... Read More »

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