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.
https://lawprofessors.typepad.com/antitrustprof_blog/2017/02/alleged-scandal-involving-bribery-and-the-kftc.html