Korean antitrusters put HP under scrutiny
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Posted on - 04/18/2012
HP is strictly regulated in Korea. Is this an issue of dominating the sales for Korean very own Samsung?
Korean antitrusters put HP under scrutiny
Not really according to the news The Fair Trade Commission, a Korean antitrust agency, has launched an investigation into the Korean units of HP (NYSE: HPQ), Oracle (Nasdaq: ORCL) and IBM (NYSE: IBM), according to The Korean TImes and other news outlet because According to the reports, the commission's investigation stems from alleged unfair business practices.
They took computer records and documents and questioned employees over their suspicions.
The Korean Fair Trade Commission released a "working roadmap" last December which, according to The Korea Times, is designed to prevent multinational IT firms from leveraging their positions of power.Beside samsung brand is dominating the sales for korea so it will not be an issue that they are regulating HP in order to kill the competition for being the leading brand in terms of technology in computers and mobile phones.
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