SKorea's Internet portal operators under anti-trust probe

0 Comments | AFP, May, 2007

SEOUL (AFP) — South Korea's antitrust watchdog has launched an investigation into major Internet portal operators for alleged price-fixing, company officials said Wednesday.

The Fair Trade Commission (FTC) started the inquiry into six operators including NHN Corp, Daum Communications and SK Communications Co, Yonhap news agency said.

Yahoo! Korea said it was also part of the investigation. "FTC officials visited us for an on-site inspection," an official told AFP.

NHN officials confirmed that officials came to their offices. "It is not targeted at a few portal operators but the whole industry," a NHN spokesperson was quoted as telling Yonhap.

FTC officials declined to comment, saying they will hold a press conference Thursday.

The watchdog...

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