News Summary: Samsung antitrust probe in SKorea

AP News
|
Posted: Sep 06, 2012 10:42 AM
News Summary: Samsung antitrust probe in SKorea

THE PROBE: South Korea's antitrust watchdog has launched an investigation into whether Samsung Electronics Co. is abusing its dominant position in the wireless market to disadvantage Apple Inc.

SIGNIFICANCE: The investigation could add a headache for Samsung in its global legal battle with Apple. Samsung is betting on its pool of third-generation wireless patents to win patent lawsuits against its U.S. rival.

RESPONSE: Samsung denied it was abusing market power.