Yonhap Infomax NewsNov 5
The South Korean government has launched a task force to establish a real estate supervisory agency, aiming to crack down on illegal market activities such as price rigging and tax evasion, while sparking debate over potential regulatory overreach.
#YonhapInfomax #RealEstateSupervisoryAgency #PriceRigging #MinistryOfLandInfrastructureAndTransport #TaxEvasion #RegulatoryOversight #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89259
[Real Estate Boosting③] Countdown Begins for Launch of Real Estate Supervisory Agency

The South Korean government has launched a task force to establish a real estate supervisory agency, aiming to crack down on illegal market activities such as price rigging and tax evasion, while sparking debate over potential regulatory overreach.

Yonhap Infomax
Yonhap Infomax NewsOct 13
South Korea's Land Minister vows prompt investigation and action on property price rigging concerns, signaling heightened regulatory scrutiny.
#YonhapInfomax #LandMinister #PriceRigging #Investigation #Regulation #SouthKorea #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85179
Land Minister Acknowledges Severity of Price Rigging—Pledges Swift Investigation and Action

South Korea's Land Minister vows prompt investigation and action on property price rigging concerns, signaling heightened regulatory scrutiny.

Yonhap Infomax
Yonhap Infomax NewsSep 26
The Ministry of Land, Infrastructure and Transport is investigating 425 suspected cases of price manipulation in Seoul's apartment market, as contract cancellations and re-reporting surge amid rising transaction volumes and electronic contracts.
#YonhapInfomax #MinistryOfLand #SeoulApartment #PriceRigging #ContractCancellation #RealEstateMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83580
Ministry of Land Targets 'Price Rigging' in Seoul Apartment Market—425 Suspicious Cases Under Investigation

The Ministry of Land, Infrastructure and Transport is investigating 425 suspected cases of price manipulation in Seoul's apartment market, as contract cancellations and re-reporting surge amid rising transaction volumes and electronic contracts.

Yonhap Infomax
LilMikeSFJun 6, 2024

Doing biz with the US Govt may seem like easy money, but also comes at a price, and #wiretaps are just one tool #DOJ's Procurement #Collusion Strike Force investigators use against #GovtContractors when rooting out #antitrust #biz crimes . An Idaho fuel supplier found out the hard way recently when his contracts with the #ForestService were looked into and he was taped #PriceRigging to lock out #competition.

https://www.law.com/2024/05/31/dojs-use-of-wiretaps-in-small-time-bid-rigging-case-has-put-compliance-teams-on-red-alert/?kw=DOJ%27s%20Use%20of%20Wiretaps%20in%20Small-Time%20Bid-Rigging%20Case%20Has%20Put%20Compliance%20Teams%20on%20Red%20Alert%20%7C%20Law.com&utm_source=email&utm_medium=enl&utm_campaign=pmalert&utm_content=20240606&utm_term=dro&oly_enc_id=&slreturn=20240506174416

DOJ's Use of Wiretaps in Small-Time Bid-Rigging Case Has Put Compliance Teams on Red Alert | Law.com

Government contractors should assume that the DOJ and FBI are listening to communications with competitors, said Dylan Carson, a partner at Manatt, Phelps & Phillips.

Law.com
Show threadMichael HartleJan 17, 2024

@davidho That's part of capitalism, and helps *make* it perfect for those who play it for keeps - always a form of extracting profits

* from society, through overpriced #GovernmentDeals, excessive or harmful #Subsidies, #TaxCuts favouring the wealthy or #InsiderTrading,

* from competitors, through #AntiCompetition practices,

* from employees, through #UnionBusting or #NoPoaching agreements, or

* from customers, through #Enshittification, #PriceGouging, #PriceRigging or outright #Monopolies.