• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Apple faces stiff sanctions in South Korea for blocking probe

5 years ago
in Business, highlights, Home, home-news, latest News, Lifestyle
1 min read
0 0
0
48
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Apple continues to face huge sanctions in South Korea for allegedly putting stumbling blocks in the way of a probe by industry regulator Fair Trade Commission (FTC) in 2017.

The sanctions are in relation to a long-running probe into claims Apple abused its dominant position in the apps and device markets.

Apple is being accused of obstructing FTC’s investigation by preventing access to documents and its premises.

FTC started gathering evidence for the probe in 2016, but begun the actual probe problem in 2019.

In a statement, the regulator said it had referred Apple’s Korean unit and one of its executives to prosecutors over claims of obstructing an on-site investigation in November 2017 by deliberately preventing or delaying the entry of officials into the company’s premises.

According to the statement, Apple executive Ryu O-Oh, allegedly tried to prevent entry into the site by physical means at the time.

The regulator also imposed a $264,326 fine over Apple’s refusal to provide information requested in 2016 and 2017 in relation to network disruption, preventing the examination of its practices.

RelatedPosts

GHASALC Relaunches Industry Games After Eight-Year Hiatus as Bayport Savings and Loans Headlines 2025 Edition

IFRIG Ghana Wins Islamic Finance Institution of the Year at AICIF 2025

African Development Bank Piloting Several Financial Instruments to Support African Countries in Tackling Climate Change

Meanwhile, Apple reportedly agreed to a $88 million settlement over the competition probe issue with the FTC last month.

Tags: AppleApple executive Ryu O-OhFair Trade Commission (FTC)South Koreastiff sanctions
No Result
View All Result

Highlights

COP30: African Development Bank to Champion Africa’s Push for Climate Finance Reform and Just Energy Transition

A Crisis of Abundance: Why Ghana’s Grain Farmers Are Burdened by Their Own Harvest

Djokovic and Sabalenka Set for Final Showdowns in Athens and WTA Finals

Ghana Premier League Matchday 9 Preview

Lando Norris Secures Pole Position for Brazilian Grand Prix Sprint Race

Beyond the Headlines: A Love Letter to Journalism 

Trending

Business

GHASALC Relaunches Industry Games After Eight-Year Hiatus as Bayport Savings and Loans Headlines 2025 Edition

November 8, 2025

GHASALC Relaunches Industry Games After Eight-Year Hiatus as Bayport Savings and Loans Headlines 2025 Edition The Ghana...

IFRIG Ghana Wins Islamic Finance Institution of the Year at AICIF 2025

November 8, 2025

African Development Bank Piloting Several Financial Instruments to Support African Countries in Tackling Climate Change

November 8, 2025

COP30: African Development Bank to Champion Africa’s Push for Climate Finance Reform and Just Energy Transition

November 8, 2025

A Crisis of Abundance: Why Ghana’s Grain Farmers Are Burdened by Their Own Harvest

November 8, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.