Switch language한국어
Back to the list

SKT's 16.8 billion won fine for '5G exaggerated advertising' canceled…court says "amount was miscalculated"

TL;DR AI

Key summary

2 min read
  1. The Seoul High Court partially ruled for SK Telecom in its lawsuit over a Fair Trade Commission order.

  2. The court canceled the 16.83 billion won fine, saying the violation period and related revenue were miscalculated.

  3. It still upheld the finding that SK Telecom’s 5G speed ads were false and misleading.

  4. The ruling eases a major regulatory penalty and shows fines can be overturned on calculation errors even when ads are deemed deceptive.

Read the original