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KT, LG Uplus fined for "excessive" prices cuts in corporate messaging

2014-11-30 10:06:56| Telecom - Topix.net

South Korea's antitrust watchdog said Sunday that it has fined KT Corp. and LG Uplus Inc. a combined 6.2 billion won for undermining fair market competition by excessively lowering prices of their corporate messaging services. KT and LG Uplus were fined 1.9 billion won and 4.3 billion won, respectively.

Tags: prices corporate cuts excessive

Category:Telecommunications

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