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MAJOR KOREAN NET PORTALS ACCUSED OF UNFAIR BUSINESS: WATCHDOG.
SEOUL, March 3 Asia Pulse - South Korea's anti-trust watchdog has spotted evidence that major local Internet portal operators have engaged in unfair business deals by using their superior market status over content providers (CPs), sources said Sunday.
The Fair Trade Commission (FTC) has completed its months-long probe launched in May last year into allegations that six major portal operators including NHN (KOSDAQ:035420), Daum and SK Communications had engaged in improper business practices such as price rigging, use of superior market status and other illegal contracts in connection with CPs.
NHN, the operator of the nation's largest portal site, ...
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Source: HighBeam Research, MAJOR KOREAN NET PORTALS ACCUSED OF UNFAIR BUSINESS: WATCHDOG.