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(LEAD) FTC to slap 20 bln-won fine on Samsung Electronics for misleading gaming ads

World 1 source 1 country 🔦 Under-reported 27m ago

South Korea's antitrust regulator, the Fair Trade Commission (FTC), announced on Tuesday that it will impose a 20 billion-won fine on Samsung Electronics. The penalty stems from allegations that the company utilized misleading advertisements regarding the gaming performance of its products.

The decision marks a significant regulatory action against one of the nation's largest conglomerates. The FTC's move follows an investigation into marketing claims that were deemed deceptive, highlighting the agency's ongoing efforts to enforce consumer protection standards within the technology sector.

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Read the full story at the source Yonhap English (Seoul, South Korea) · KR ↗
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