Samsung Faces Antitrust Probe in Italy Over Alleged Unfair Practices

By Giulia Petroni

Italy's antitrust authority said Wednesday that it has launched an investigation into Samsung Electronics Co. for alleged misleading and aggressive commercial practices.

The regulator said it is looking into offers that allow customers to buy new mobile phones while selling their used devices, alleging that a lack of adequate information in terms of the selling process was being provided.

The U.K.'s Opia Ltd and Italy's World Business Srl are also being investigated, the authority said. Officials searched the offices of all the companies involved in the investigation on Tuesday.

Samsung didn't immediately respond to a request for comment when contacted by Dow Jones Newswires.

Write to Giulia Petroni at giulia.petroni@wsj.com

(END) Dow Jones Newswires

July 27, 2022 04:06 ET (08:06 GMT)

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