Yonhap Infomax NewsSouth Korea's Fair Trade Commission reduced fines by 99 billion won ($84 million) for three sugar manufacturers involved in a 3.2 trillion won price-fixing cartel, granting the maximum 20% discount permitted under law for their cooperation during investigation and deliberation processes.
#YonhapInfomax #FairTradeCommission #SugarCartel #CJCheilJedang #PriceFixing #FineReduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=119105
#YonhapInfomax #FairTradeCommission #SugarCartel #CJCheilJedang #PriceFixing #FineReduction #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=119105
South Korea's Antitrust Regulator Cuts Fines by 99 Billion Won for Three Sugar Cartel Firms - Citing Investigation Cooperation
South Korea's Fair Trade Commission reduced fines by 99 billion won ($84 million) for three sugar manufacturers involved in a 3.2 trillion won price-fixing cartel, granting the maximum 20% discount permitted under law for their cooperation during investigation and deliberation processes.