Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
South Korean FTC fines five Samsung affiliates over cafeteria business
Fine or penalty
South Korea's Fair Trade Commission fined Samsung Electronics, Samsung Display, Samsung Electro-Mechanics, Samsung SDI and Welstory a total of 234.9 billion won over allegedly unfair internal trading involving an in-house cafeteria business. Samsung called the decision regretful and argued that its employee-welfare efforts had been misread as unfair business support.
Company response
Denial — Samsung
In a statement, Samsung called the FTC's decision “regretful,” arguing the firm's efforts for the well-being of its employees has been “misread as unfair business support.”
Source excerpt
The antitrust watchdog said it will file complaints with the prosecution against Samsung Electronics and Choi.
The Fair Trade Commission (FTC) fined five major affiliates of Samsung nearly 235 billion won in total, Thursday, for their allegedly unfair internal trading involving an in-house cafeteria business.