Antitrust & Competition Policy Blog

Editor: D. Daniel Sokol
University of Florida
Levin College of Law

Thursday, February 16, 2017

Alleged Scandal involving bribery and the KFTC

News reports from Korea  are not positive for Samsung. The Associated Press reports that anti-corruption prosecutors are investigating the KFTC:

The investigators have also reportedly looked at whether South Korea's fair trade commission gave any favors to Samsung related to a complex cross-shareholding structure that allows the Lee family to exert an outsized influence on Samsung Electronics and its dozens of affiliates, while holding a small stake. The anti-trust regulator was raided earlier this month by prosecutors.

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