Apple Opts To Settle With FTC in South Korea

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In 2016, Apple was charged with anti-competitive practices in South Korea. Because of the iPhone’s popularity, Apple dictated their terms on the carriers.

Apple South Korea

The company imposed local South Korea carriers with three conditions:

  • They had to pay for iPhone TV ads.
  • They had to share warranty repair and replacement costs.
  • They had to purchase minimum quantities on all iPhone models.

The antitrust regulars of South Korea, the Fair Trade Commission, deemed it unfair for the other smartphone companies who didn’t enjoy the same leverage as Apple had. The carriers also had to think of a way to recoup the costs accordingly.

Today, the Korea Herald has reported that Apple is asking to settle the case via a consent decree. The antitrust regulator responded that they will be considering the proposal. Apple’s general statement was that they were disappointed with the KFTC’s approach as they didn’t do anything wrong.

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Samantha Wiley

Samantha is a senior news editor at iLounge. She has been covering the technology industry for over five years, writing about Apple, Google, and other major companies. Samantha has also worked as a reporter and editor for several other publications.