Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

South Korea fines Motorola Korea
Mar 11, 2008
 Printable format
 Email this Article
 Search

South Korea's Fair Trade Commission has levied a fine of 696 million won, or US$729,000, on Motorola Korea Inc. for helping three South Korean companies collude to get orders from government agencies.

Leenos Corp. and two other South Korean companies were fined a combined 282 million won ($295,000) for conspiring to coordinate their bidding prices for the supply of mobile telecommunications devices to state police agencies, the antitrust agency said in a statement. The three companies worked as sales agents for Motorola's trunked radio system, sold in the South Korean market, the statement said.

Motorola Korea, the South Korean unit of U.S. mobile phone maker Motorola Inc., criticized the ruling. Motorola Korea said it planned to decide how to respond, including whether to appeal, after receiving and reviewing the regulator's written decision. (AP)

Back to Daily News

 

Daily News

...........................................................

Jul 25, 2014: Whirlpool Refrigerator is First Commercial Application of Polyurethane Insulation Using HFO Blowing Agent

Jul 24, 2014: Remodeling Spending to Be Slower, But Still Strong, in Early 2015

Jul 23, 2014: Whirlpool North America Reports Record Operating Profits

Jul 23, 2014: Japan Destroyed 3.6 Million KG Fluorocarbons from Commercial Refrigerators and AC

Jul 22, 2014: Lennox International Reports Record Profit in Second Quarter

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows