Samsung may face sanctions for violating investment laws
Nov 6, 2015
Authorities are poised to slap sanctions on Korea’s top conglomerate Samsung Group for violating investment regulations when it merged Samsung C&T with Cheil Industries in September, sources said on Friday.The Fair Trade Commission has yet to pinpoint the violations, but industry watchers say the agency is likely to zero in on the newly created investment rotunda binding the Samsung affiliates together. For instance, the newly merged entity holds stakes in Samsung Life, which holds stakes in Sam