KFTC Investigates Samsung, SK, Lotte Groups

Law360, New York (October 23, 2007, 12:00 AM EDT) -- Three South Korean conglomerates — Samsung Group, SK Group and Lotte Group — are being investigated in their home country over possible illegal internal trading among their affiliated subsidiaries.

The Korean Fair Trade Commission on Tuesday said that it had launched an investigation into the matter.

“The FTC recently started the investigation and looked at about 10 major subsidiaries of each group to see if there was any unfair internal trading activities,” said a KFTC spokesperson but declined to identify which units the commission was investigating....
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