Republic of Korea: Qualcomm fined 1.03 trillion won ($854 million) for abuse of market dominance
Description
Qualcomm fined 1.03 trillion won ($854 million) for abuse of market dominance
On 28 December 2016, the Korean Fair Trade Commission (KFTC) issued a 1.03 trillion won ($854 million) fine to Qualcomm, a chipset and semiconductor producer. The fine was issued because Qualcomm violated several Korean antitrust laws by abusing its…
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
semiconductors
Implementation Level
national
Government Branch
executive
Government Body
competition authority