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News Summary: Samsung antitrust probe in SKorea

September 6, 2012 | Modified: September 6, 2012 at 11:32 am
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THE PROBE: South Korea's antitrust watchdog has launched an investigation into whether Samsung Electronics Co. is abusing its dominant position in the wireless market to disadvantage Apple Inc.

SIGNIFICANCE: The investigation could add a headache for Samsung in its global legal battle with Apple. Samsung is betting on its pool of third-generation wireless patents to win patent lawsuits against its U.S. rival.

RESPONSE: Samsung denied it was abusing market power.