Last week we told you that Samsung, alongside all the other South Korean phone makers as well as all the carriers over there, got fined by the Fair Trade Commission (FTC) for price rigging. What they did was quite simple (and, it turns out, illegal). First they artificially inflated the prices of phones, then advertised heavy ‘discounts' compared to those (artificial) prices, thus tricking people into buying phones at what they thought were bargain rates. Some more information concerning the FTC's investigation, and Samsung in particular, has now surfaced.
Unwired View, Samsung obstructed FTC investigation into price rigging by destroying hard drives, deleting data
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