South Korea's Fair Trade Commission fined five steelmakers, including Korea Steel Shapes Co., a total of 6.54 billion won ($480,000) for colluding to fix prices of galvanized steel wire and related products, raising prices up to 63.4% over five years.
#YonhapInfomax #KoreaFairTradeCommission #KoreaSteelShapes #PriceFixing #GalvanizedSteelWire #AntitrustFine #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86498
'Price Fixing in Galvanized Steel Wire'—Korea Fair Trade Commission Sanctions Five Steelmakers Including Korea Steel Shapes Co.

South Korea's Fair Trade Commission fined five steelmakers, including Korea Steel Shapes Co., a total of 6.54 billion won ($480,000) for colluding to fix prices of galvanized steel wire and related products, raising prices up to 63.4% over five years.

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South Korea’s Fair Trade Commission fined Yanolja and Yeogi Eottae a combined $1.17 million for abusing their dominant position by expiring unused partner coupons without compensation.
#YonhapInfomax #Yanolja #YeogiEottae #FairTradeCommission #DiscountCoupons #AntitrustFine #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76674
Yanolja, Yeogi Eottae Sanctioned by Fair Trade Commission for Abusing Bargaining Power Over Partner Hotels

South Korea’s Fair Trade Commission fined Yanolja and Yeogi Eottae a combined $1.17 million for abusing their dominant position by expiring unused partner coupons without compensation.

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The Supreme Court upheld a ruling ordering Taeyang Co.'s CEO to pay 9.7 billion won in damages for antitrust violations, raising director liability standards.
#YonhapInfomax #TaeyangCo #ShareholderDerivativeSuit #AntitrustFine #SupremeCourt #DirectorLiability #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68492
Law Firm Hannuri - Supreme Court Upholds 9.7 Billion Won Shareholder Derivative Suit Ruling Against Taeyang CEO

The Supreme Court upheld a ruling ordering Taeyang Co.'s CEO to pay 9.7 billion won in damages for antitrust violations, raising director liability standards.

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