Samsung, LG, and carriers fined for price fixing by Korean FTC
Summary: The $40.2 million fine was divided among Samsung, LG and Pantech, as well as Korean carriers SK Telecom, KT Corp and LG Uplus.
South Korea's Fair Trade Commission (FTC) has fined Samsung, LG and Korea's carriers $40.2 million for price rigging and consumer fraud.The FTC found the companies guilty of working together to fix prices and defraud consumers. The companies had apparently inflated the prices of phones and then advertised them as improved special offers.
To read more in Zdnet click the below link
http://www.zdnet.com/blog/asia/samsung-lg-and-carriers-fined-for-price-fixing-by-korean-ftc/1328
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