Investing.com--The U.S. Justice Department has launched a criminal antitrust investigation into TP-Link Systems, a California-based router manufacturer with links to China, focusing on its pricing strategies and potential national security risks, Bloomberg News reported Thursday, citing sources familiar with the matter.
The probe, which began in late 2024 under President Joe Biden and continues under President Donald Trump, is examining whether TP-Link engaged in predatory pricing to undercut competitors and dominate the U.S. market, the report said.
In parallel, the Commerce Department is investigating whether TP-Link’s ties to China pose a national security threat, according to the report.
Although TP-Link split into separate U.S. and Chinese entities last year, the U.S. arm reportedly maintains significant operations in China, Bloomberg reported.
TP-Link told Bloomberg it had not been contacted by the Justice Department but was prepared to cooperate fully.
The company denied selling products below cost and emphasized its commitment to fair and transparent business practices, according to the report.
The Wall Street Journal had previously reported a DOJ probe into TP-Link’s pricing, but the investigation’s criminal scope and national security angle were newly revealed.
The DOJ has not accused TP-Link or any executives of wrongdoing, the Bloomberg report added.