Subscribe

Seoul antitrust body forms team on Qualcomm

By Reuters
Seoul, 02 Jan 2007

South Korea's antitrust watchdog agency has formed an exclusive team to investigate US wireless technology company Qualcomm, state television reported on Monday.

"The Fair Trade Commission has obtained information that may show Qualcomm abused its market-dominating position in its business with local companies," KBS television reported.

It is the second such team formed to investigate allegations involving a global company after a similar group probed Microsoft, KBS television quoted Fair Trade Commission (FTC) officials as saying.

Officials could not immediately be reached for comment. However, last April Qualcomm Korea said FTC officials had visited its offices and that it was cooperating with their investigations.

The US company dominates the market for technology and chips for code division multiple access (CDMA), the world's second-most common mobile phone technology after global system for mobile communications (GSM).

South Korea is home to leading mobile phone makers including Samsung Electronics and LG Electronics.

South Korea has fined Microsoft for antitrust violations.

Share