Samsung, LG, Pantech and Others Fined $40 Million for Price Fixing

It looks like a few South Korean carriers and OEMs have gotten themselves into a bit of trouble with the South Korean government. Samsung, LG, Pantech, SK Telecom, KT and LG Upius have all been fined for price fixing, an illegal scheme which helps drive up the price of products for profit. The carriers and …

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