Korea investigates Apple-Samsung flash deal
updated 07:40 am EST, Wed November 23, 2005
Samsung investigated
Samsung is being investigated by the South Korean government for allegedly selling NAND flash memory chips to Apple at half their market value. The Fair Trade Commission (FTC) said on Wednesday that the Samsung is suspected of , which are used in Apple's popular iPod nano, a practice that is hurting other South Korean memory manufacturers, according to The Korean Times: "FTC Chairman Kang Chul-kyu indicated last month that his agency might take action against an alleged unfair deal between Samsung and Apple, if local MP3 players request the probe, making it clear that the investigation would be very thorough." Samsung, however, claims it has maintained margins of 30 percent, which would make the dumping claims untenable, since such profits could not be generated by selling memory at half of its fair market value.
Fresh-Faced Recruit
Joined: May 2001
What's wrong with this?
Can someone please explain me why you can be sued for selling your product for a different price to someone else? If I want to sell something, I can decide to who or for how much. Is that illegal? It's my company, my product, my problem. Why would I ever sell something and loose on it? Of course I will make profit, that's the intention of my company. If you want a lot, I make a special price for you, my friend. I think I payed a lot for my Mac and Apple is making too much profit. So I can sue Apple for that? The Apple Stores also have a much higher profit than common dealers. Can I sue Apple for that?
Please help me understand what the problem is in this picture.