Sunday, April 11, 2021
- Advertisement -
Home Technology Apple to be fined in South Korea for obstructing antitrust investigation

Apple to be fined in South Korea for obstructing antitrust investigation


After the settlement of antitrust charges in South Korea, the local branch of Apple will still be fined $ 265,000 for allegedly obstructing the investigation, writes The Korea Herald.

The South Korean Fair Trade Commission (KFTC) says Apple took steps to thwart its 2016 office raid. Apple reportedly blocked internet access and refused to provide relevant documentation.

The Korea Herald, without going into details, also reported that an unnamed top manager of Apple Korea physically tried to interfere with the investigation in 2017. In this regard, the KFTC intends, in addition to the fine, to transfer the case against Apple and this employee to the prosecutor’s office in connection with obstruction of the investigation.

«We are fully committed to KFTC and neither Apple nor any of our employees have done anything reprehensible.Apple said in a statement to The Korea Herald. – We comply with the law wherever we work and strongly disagree with the KFTC on this matter. We look forward to sharing the facts with the authorities. “.

- Advertisement -

The investigation related to Apple’s allegations that it was shifting the costs of warranty service and television advertising onto local operators. South Korea’s Fair Trade Commission ultimately agreed that Apple would pay compensation without pleading guilty.

If you notice an error, select it with the mouse and press CTRL + ENTER.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular

Recent Comments