Chapter 129: The Loser (Form 2)
On July 28, J.H Entertainment announced that it would officially raise its card against Pan-Thai.
On the 29th, when the bright sky dispelled the clouds, people began to look forward to the final battle of the JS war, and thought that the two sides might launch a fierce battle for the power of attorney around Pan-Thai, both J.H Entertainment and SK Telecom disappeared from people's eyes on the same day.
Earlier commentators suggested that if J.H Entertainment wanted to acquire Pantech, it would have to find a way to address the resistance of Pantech's current management and SK Group's support for Pantech's management. The commentary believes that Ahn Jun-hyuk may choose the way of power of attorney battle, before acquiring Pan Tai, first start to destroy Pan Tai's management, and change Pan Tai's response strategy to J.H Entertainment's acquisition through the power of attorney, and SKT may also choose the same way to block the invasion of J.H Entertainment. Last night, the temporary shareholder representative meeting held by Fantai, the disagreement between the management and the shareholders, also revealed the operability of the power of attorney battle. ”
"But what is surprising is that since yesterday's J.H Entertainment announced the lifting of cards, there has been no further action between the two sides, the latest news about the JS war, is still yesterday afternoon Pan Thai internal dispute, and the initiator, whether J.H Entertainment or SKT, there is no relevant follow-up action, according to our reporter, today's market open, continued to oscillate for many days Pan Thai stocks, also performed very calm, the past few days to manipulate the stock price of the dealer has not made a move, this performance in the electronic section caused widespread speculation!"
"Hey, what the hell do you think J.H Entertainment and SKT are going on?" sat down in front of the computer. Operating the mouse to turn through a few pages of news, looking at those reports, August turned around and asked Park Hongji, the popsicle that had been put on his mouth melted, and the ice water dripped down, and he quickly stretched out his tongue and licked it.
This action made Park Hong gradually disgusted, the beauty licking the popsicle is pleasing to the eye, maybe it will boil the fire for a while, but a bearded man does this, but it is really unbearable.
I said. When are you going to shave your beard?"
"Why do you shave for this?" said August, inexplicably, wiping his beard. "Don't you think I'm a mature man's charm? I kind of figured it out, I used to be bullied by Nate's gang because my face was too tender, little white face. Anyone can press it. I'm going to be a real man in the future!"
“…………”
Speechless for a moment. Park Hong gradually shrugged his shoulders, too lazy to care anymore, and casually answered the question he just asked: "What do those people think." How can we see through them, they think at a different level than we do. ”
"It's different, it's like an appointment, and suddenly there's no sound, there must be pubic hair!"
"What are so many yin ......" Park Hong gradually knocked his head helplessly, then thought for a moment, and said in a somewhat uncertain tone, "It is impossible to have a conspiracy, and the current situation, if it is said that it is caused by the economic environment, I think it is possible to ......"
Since I didn't find out about the actions of J.H Entertainment and SKT today, he has been tracking and reporting on the JS war, of course, he has also thought about the deep-seated reasons, although it is limited to the asymmetry of information acquisition, and the specific problems are not understood, but some possibilities have been considered.
After raising the cards, J.H and SKT were silent, either because the recent secondary market battle has hurt the vitality of both sides, and they are currently in contact with each other, trying to find a suitable way to recover losses, or there are new people entering the market!
The "newcomer" here is not a new company, but a collective that has long been involved in the whirlpool of the JS war, but has been standing still and calmly watching from the sidelines - the Roh Moo-hyun government!
At noon, Park Hongjian looked through the recent information, and he found that since the purpose of the lawsuit was clear, the government has not responded to the lawsuit between J.H and SKT, and the Cultural Promotion Agency, the Ministry of Commerce, Industry and Energy, the Fair Trade Commission, the Performing Artists Association and other relevant agencies, as well as the Seoul District Court, seem to have completely forgotten the vigorous lawsuit filed by J.H and SKT two months ago.
And because of their silence, coupled with the fact that the JS war is burning to the handheld device manufacturing industry, burning to Pan-Tai, and is more intense, the media subconsciously ignored it.
At this time, he broke free from the fog of JS's cash war and looked back soberly, and Park Hong gradually became a little frightened.
The silence of those relevant departments is really terrifying!
For the government, the sanctity and majesty of justice cannot be desecrated, it is the stepping stone of rule and order, and no matter how tolerant the government is, it will not allow companies to use litigation warfare as a weapon to protect their own business purposes. If it were a normal situation, not to mention the Fair Trade Commission and the Ministry of Commerce, Industry and Energy, but just a small organization such as the Entertainers Association, I am afraid that J.H. would have jumped out and warned him when he had just shifted the focus of his battle.
Two months ago, J.H and SKT filed dozens of high-profile lawsuits against each other, which kept the entire judiciary busy, and the lawsuit applications have already been filed.
In view of this, there are two possibilities, and Park Hong gradually prefers the latter one.
If his guess is correct, the silence of those departments may be inseparable from the Roh Moo-hyun government, in that case......
Park Hong gradually exhaled, suppressing the throbbing in his heart, no matter what thoughts are turning in his head, these are just ideas after all, when it comes to politics, no matter how simple things are, they will become complicated, he is just a reporter, there is no need to think so much!
August was obviously very dissatisfied with the statement he gave, but Park Hong gradually did not want to mention it, and August had no choice, and in the end he only left his head in doubt-after all, he was a foreigner and did not know much about the politics of the traditional Confucian cultural circle.
Even if Park Honggradually told him what he thought and told him directly that J.H and SKT might soon be punished by the government, I am afraid he would not believe it.
However, even Park Hongji, who was already mentally prepared, did not expect that the speed of Roh Moo-hyun's government would be even faster and more ferocious than he imagined.
July 30, when the media. People who pay attention to the JS war on the Internet are still wondering why J.H and SKT suddenly disappeared, and they have been out of the audience's field of vision for more than two months.
On the morning of the 30th, the Performing Artists Association announced the results of the investigation and punishment decision of J.H Company, the predecessor of J.H Entertainment, for private contact with artists on appointments. Privately contacted SidusHQ in the appointment artist Lin Xiujing. The unfair competition was found to be true, and he applied to the Seoul District Court to sentence Ahn Joon-hyuk to suspend his acting work for one year, but rejected SidusHQ's request for J.H. to suspend business for rectification.
Immediately afterwards, also in the morning of the same day. The Seoul District Court granted the Entertainers' Association's application. and increased Ahn Joon-hyuk's suspension period to one and a half years. A fine of 1 billion won was imposed.
Just when people were stunned, thinking that the wind was turning sharply and SKT might win some off-the-field support. The Ministry of Information and Communications also held a press conference on the same day, at which a spokesperson announced that after a two-month investigation by the Ministry of Information and Communications, the Communications Commission, and the Ministry of Commerce, Industry and Energy, sufficient evidence had been obtained to confirm the existence of a monopoly on SKT's operation of the digital music platform Melon.
Later, a detailed report to the major media also announced the specific investigation and the punishment decision.
The joint investigation team of the three organizations accepted the application of J.H, SM, and YG to sue SKT for monopoly crimes, accepted the request of J.H, SM, and YG to immediately stop SKT's abuse of its dominant market position, and accepted J.H's request to impose a fine on SKT, but the amount of the fine was changed to 1 billion yuan, and rejected J.H, SM, YG's request for compensation of 1.5 billion won for economic losses from the three content providers.
Not long after the penalty decision was announced, the FTC held a press conference and also announced that it would accept Ahn Joon-hyuk's "Application for Antitrust Investigation" as a user of SKT's ordinary contract machine The company accepted the request in the application to order SKT to open the download interface of the Melon mobile app, accepted the request in the application to order SKT to cancel the bundle of value-added service application software on the contract machine, imposed a fine of 7 billion won on SKT, and ordered SKT to implement the above three decisions by January 2007, and if similar problems persist after expiration, it will impose a more severe penalty after investigation.
The actions of the relevant government departments are wave after wave, and people are dizzy, and they almost think they are dreaming in amazement.
But that's not all.
In the wake of the morning slew of earthquakes, and before people could react from the shock, the Securities Regulatory Commission announced that it would investigate J.H. Entertainment's recent actions in the stock market. The spokesperson of the committee said that J.H. Entertainment's sniping operation seriously affected the interests of small and medium-sized investors, and some improper means may have been used during the period to artificially create panic and disrupt the order of the securities market.
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"The JS war has changed dramatically, the legacy of the litigation war has suddenly strengthened, multiple government departments have intervened, and the giant war has come to an abrupt end!"
"The reason for the silence between J.H Entertainment and SKT was revealed, because of the strong intervention of the government, Ahn Joon-hyuk was convicted of unfair competition, and his acting activities will be suspended for one year and six months, and SKT was convicted of monopolistic behavior, and the compensation is as high as 10 billion won!"
"The Securities Regulatory Commission urgently halted J.H Entertainment's acquisition and will investigate its disrupted securities market behavior, and SKT may rely on political power to successfully defend it!"
The Securities Regulatory Commission issued a new update, the spokesperson said that SK Group has conducted an investigation into the interference of Pan Thai in the change of shares, and if the situation is true, SK Group will be guilty of ignoring the amendment to the Communications Act, and the committee has communicated with the Ministry of Information and Communications on this matter, and the two sides are paying close attention. ”
"Each played 50 boards, the government strongly intervened in the JS war, J.H and SKT faced a number of penalties, and the pan-Thai battle was pinched as the final battle was approached, who is the loser?"
One news after another refreshed the limit of people's psychological endurance, and the vigorous JS war suddenly cooled down in many stunned expressions. (To be continued......)