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Apple agrees to review contracts with South Korean telecoms in landmark consent order

By Wooyoung Lee ( February 3, 2021, 06:36 GMT | Insight) -- Apple’s proposed voluntary remedies addressing allegations the company abused its superior bargaining power against South Korean telecom companies have won final approval from the country’ competition regulator. The Korean Fair Trade Commission announced today that the package included a commitment from Apple to review its contracts, implement more transparent advertising contracts and end the practice of forcing local telecoms to hand over patents, free of charge. Apple’s proposed voluntary remedies addressing allegations the company abused its superior bargaining power against South Korean telecom companies have won final approval from the country’ competition regulator....

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