Report: HP's South Korean offices raided over alleged price fixing

Korea Times is a publication that isn't shy of the odd bold statement and today it's claiming that HP's South Korean offices were raided on suspicion of price-fixing deals made with IBM and Oracle. The country's Fair Trade Commission seized documents, computer records and questioned employees over alleged price-rigging on public-sector contracts. A company spokesperson said that the visit was routine, while FTC officers refused to comment about ongoing matters, but what is clear is that if any wrong-doing is found, the case will be turned over to prosecutors with the aim of commencing criminal proceedings for those responsible.

Report: HP's South Korean offices raided over alleged price fixing originally appeared on Engadget on Mon, 16 Apr 2012 11:52:00 EDT. Please see our terms for use of feeds.