LG and Samsung sue govt over electronic waste pricing policy

South Korea's LG and Samsung have sued the government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major firms in contesting the country's environmental rules citing business impact.

- Reuters

The lawsuits, set to be heard on Tuesday with other challenges, mark an escalation of a standoff involving foreign firms and PM Modi's government over its stance towards waste management practices.

LG and Samsung did not respond to Reuters' requests for comment. The environment ministry also did not respond.

India is the third-biggest e-waste generator behind China and the US, but the government says only 43% of the country's e-waste last year was recycled and at least 80% of the sector comprises informal scrap dealers.