Antitrust Antitrust

Samsung affiliates receive record $207 million fine for unfair support to its food-services arm

By Jenny Lee
  • 24 Jun 2021 02:29
  • 24 Jun 2021 02:29
Samsung affiliates will face a 235 billion won ($207 million) fine for awarding lucrative contracts to the company's in-house cafeteria arm, the country's antitrust watchdog said, adding that Samsung Electronics and the head of the now-defunct Future Strategy Office will be referred to prosecutors for criminal charges. The fine is the largest

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Jenny Lee

Correspondent


Jenny joined MLex’s Seoul bureau in 2021 as a correspondent focusing on competition law and data privacy and security. Jenny received a Master’s degree from Northwestern University’s renowned Medill School of Journalism and worked for a number of news organizations in the US, including the Associated Press Television News, McClatchy and Voice of America, where she worked for almost three years in Washington DC. She returned to her native South Korea in 2019 as a reporter for Wired Korea.

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