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Korea’s Antitrust Watchdog Bares Teeth At GE, Siemens, Philips For Medical Device Rebates

This article was originally published in PharmAsia News

Executive Summary

The government of President Park has widened its anti-rebate stance as the fair trade watchdog looks into medical device companies.

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SEOUL - South Korea's leading medical equipment maker Medison Co. announced Feb. 16 that it became an affiliate of Samsung Electronics two months after the electronics giant bought a controlling stake in Medison and its local affiliate Prosonic for roughly KRW 300 billion ($262.8 million)

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