KFTC Starts Review of 6.2 Trillion Won 'Starch Syrup Collusion'... 'Order for Price Reassessment and Charges'
The Korea Fair Trade Commission (KFTC) has initiated a review regarding allegations of collusion by four companies in the starch syrup market, potentially resulting in sanctions including price re-evaluation and criminal charges.
KFTC Imposes Fine of 2.2 Billion Won on Coupang for Pressuring Suppliers on Prices and Advertising Costs
Coupang has been fined 2.2 billion Won by the Korea Fair Trade Commission for allegedly pressuring suppliers to reduce prices and share advertising costs.
KFTC Initiates Review of Four Companies Including POSCO E&C for Shifting Safety Costs to Subcontractors
The Korea Fair Trade Commission has begun a review of four construction companies, including POSCO E&C, for allegedly unfairly shifting industrial safety costs and responsibilities to subcontractors.
KFTC files a complaint against DB Group Chairman Kim Jun-ki for using shell affiliates for the benefit of the family
The Korea Fair Trade Commission has filed a complaint against DB Group's founder for allegedly operating shell affiliates to maintain family control over the company.