{
  "id": 17802710,
  "title": "Top court upholds antitrust watchdog's $13.8 mil. fine on Broadcom",
  "url": "https://urgent.news/2026/11/02/top-court-upholds-antitrust-watchdogs-13-8-mil-fine-on-broadcom-17802710",
  "topic": "world",
  "section": "World",
  "published": "2026-11-02T13:47:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20261102/top-court-upholds-antitrust-watchdogs-138-mil-fine-on-broadcom"
  },
  "original_language": "en",
  "account": "South Korea's top court has maintained the antitrust watchdog's 18.6 billion won ($13.8 million) fine imposed on U.S. chipmaker Broadcom Inc. for alleged unfair business practices against Samsung Electronics, according to sources on Monday. The Supreme Court on Tuesday affirmed a lower court's decision in a lawsuit filed by Broadcom, which challenged the Fair Trade Commission (FTC) ruling. In 2023, the FTC had fined Broadcom for leveraging its dominant position to force Samsung to commit to a long-term agreement in 2020. As part of the agreement, Broadcom required Samsung to purchase at least $760 million worth of smartphone components annually from 2021 to 2023, and to compensate Broadcom for any shortfall in purchases below that figure. Broadcom initiated a lawsuit against the FTC's decision in November 2023. However, in May, the Seoul High Court sided with the FTC, deeming the fine appropriate. When a FTC decision is contested, it undergoes review by the Seoul High Court, with the option to appeal the ruling to the Supreme Court.",
  "summary": "Korea's top court has upheld the country's antitrust watchdog's decision to impose an 18.6 billion won ($13.8 million) fine on U.S. chipmaker Broadcom Inc. for unfair business practices against Samsung Electronics, sources said Monday. According to the sources, the Supreme Court on Tuesday upheld a lower court ruling against Broadcom in a lawsuit the U.S. company filed against the Fair Trade…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}