South Korea’s Fair Trade Commission fined 48 furniture companies, including ENEX Co. and Hanssem Co., a total of 25 billion won ($19.3 million) for colluding on 333 built-in and system furniture tenders, marking a major crackdown on bid-rigging in the sector.
#YonhapInfomax #FairTradeCommission #ENEX #Hanssem #BidRigging #25BillionWonFine #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97497
ENEX, Hanssem and Other Built-in and System Furniture Firms Fined 25 Billion Won for Bid-Rigging

South Korea’s Fair Trade Commission fined 48 furniture companies, including ENEX Co. and Hanssem Co., a total of 25 billion won ($19.3 million) for colluding on 333 built-in and system furniture tenders, marking a major crackdown on bid-rigging in the sector.

Yonhap Infomax
KFTC sanctions 20 furniture companies, including Hanssem, for bid rigging on built-in furniture tenders, imposing fines totaling 18.3 billion won and filing criminal complaints against four major offenders.
#YonhapInfomax #BidRigging #FurnitureCompanies #KFTC #Hanssem #BuiltInFurniture #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50730
Hanssem and Other Furniture Companies Sanctioned for Bid Rigging on Built-in Furniture

KFTC sanctions 20 furniture companies, including Hanssem, for bid rigging on built-in furniture tenders, imposing fines totaling 18.3 billion won and filing criminal complaints against four major offenders.

Yonhap Infomax