Apple sues Samsung for market monopoly

Apple has sued South Korean rival, Samsung, to antitrust authorities in South Korea for alleged abuse of its dominant position in the market.

The technology giants has filed a complaint with the Fair Trade Commission (FTC for its acronym in English), which claims that Samsung is abusing its position in China in the field of telecommunications technology of third
generation (3G).

This move comes amid the legal war that both competitors remain in a dozen countries, which have been filed in court cross which accuse each other of violating its patents.

It is expected that the FTC examine Apple’s complaint through the comparison of the market share of both firms and the influence of its 3G technology, and also take into account the explanations of the demand for Samsung
rival.

In January, the European Commission announced that it had launched a formal investigation to determine whether the South Korean group had used its wireless patents as a tool to stifle competition.

Short URL: https://www.newspakistan.pk/?p=32256

Posted by Farasat Ali on Sep 6 2012. Filed under Sci-Tech. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry