Top Court Upholds Antitrust Watchdog's $13.8 Mil. Fine on Broadcom
5 Articles
5 Articles
Top court upholds antitrust watchdog's $13.8 mil. fine on Broadcom
Korea's top court has upheld the country's antitrust watchdog's decision to impose an 18.6 billion-won ($13.8 million) fine on U.S. chipmaker Broadcom Inc. for unfair business practices against Samsung Electronics, sources said Monday. According to the sources, the Supreme Court on Tuesday upheld a lower court ruling against Broadcom in a lawsuit the U.S. company filed against the Fair Trade Commission (FTC). In 2023, the FTC fined Broadcom for …
(Seoul = Yonhap News) Reporter Lee Mi-ryeong = U.S. semiconductor company Broadcom [pays] a fine of approximately 18.6 billion won imposed by the Fair Trade Commission for alleged unfair business practices against Samsung Electronics...
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Broadcom Loses Supreme Court Appeal with Pressure on Samsung
Broadcom logo image. (Reuters/Yonhap) U.S. semiconductor company Broadcom has finally lost a lawsuit filed to cancel the penalty surcharge imposed by the Fair Trade Commission for forcing a long-term agreement on Samsung Electronics. According to the legal community on Nov. 2, the First Petty Bench of the Supreme Court, with Justice Cheon Dae-yeop presiding, confirmed the original judgment that ruled against the plaintiffs on Oct. 27 in a lawsui…
Top court upholds antitrust watchdog′s 18.6 bln-won fine on Broadcom
SEOUL, Nov. 2 (Yonhap) -- South Korea's top court has upheld the country's antitrust watchdog's decision to impose an 18.6 billion-won (US$13.8 million) fine on U.S. chipmaker Broadcom Inc. for unfair business practices against Samsung El
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