US conducting criminal antitrust investigation into TP-Link, Bloomberg News reports

3 months ago 34

(Reuters) -U.S. authorities are conducting a transgression antitrust probe into pricing strategies by router shaper TP-Link Systems Inc and the nationalist information risks associated with its increasing marketplace share, Bloomberg News reported connected Thursday.

Prosecutors astatine the U.S. Department of Justice are investigating whether TP-Link, a California-based firm, engaged successful predatory pricing and whether that could wounded the quality of different companies that bash not airs nationalist information risks to merchantability routers successful the U.S., the study said, citing radical acquainted with the matter.

The DOJ and TP-Link did not instantly respond to Reuters' requests for comment.

There person been wide concerns successful the past that Beijing could exploit Chinese-origin routers and different instrumentality successful cyber attacks connected American governments and businesses.

U.S. lawmakers person antecedently urged for probes into the router shaper and besides called connected Americans to region Chinese-made wireless routers from their homes.

In December 2024, the Wall Street Journal reported that U.S. authorities had launched probes into China's TP-Link and were considering a prohibition connected the merchantability of its routers implicit nationalist information concerns.

The WSJ had past said that TP-Link has astir 65% of the U.S. marketplace for routers for homes and tiny businesses.

However, TP-Link Systems says connected its website that it has divided from and nary longer has immoderate affiliation with the Chinese TP-Link Technologies Co. The process for the divided began successful 2022 and was completed successful October past year, according to the website.

(Reporting by Kanjyik Ghosh; Editing by Alan Barona)

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