Yonhap Infomax News6d ago
South Korea's Fair Trade Commission fines nine pork suppliers 3.2 billion won for price-fixing in E-Mart contracts worth 19 billion won, following similar cartels in sugar, flour, and starch syrup industries, with six corporations referred to prosecution.
#YonhapInfomax #FairTradeCommission #PriceFixing #PorkSuppliers #EMart #CartelInvestigation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=109542
Pork Price-Fixing Uncovered Following Sugar, Flour, Starch Syrup Cartels - Sunjin and 8 Others Fined (Comprehensive)

South Korea's Fair Trade Commission fines nine pork suppliers 3.2 billion won for price-fixing in E-Mart contracts worth 19 billion won, following similar cartels in sugar, flour, and starch syrup industries, with six corporations referred to prosecution.

Yonhap Infomax
Yonhap Infomax NewsMar 6
South Korea's Fair Trade Commission launches investigation into four major starch syrup manufacturers for operating a 7.5-year price-fixing cartel affecting 6.2 trillion won ($4.3 billion) in sales, with companies controlling 90% of the domestic B2B market facing potential fines up to 20% of related revenues.
#YonhapInfomax #StarchSyrupCartel #FairTradeCommission #PriceFixing #CJCheilJedang #B2BMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108467
South Korea's Antitrust Watchdog Uncovers $4.3 Billion Starch Syrup Cartel – Daesang, Sajo CPK, Samyang, CJ CheilJedang Under Investigation

South Korea's Fair Trade Commission launches investigation into four major starch syrup manufacturers for operating a 7.5-year price-fixing cartel affecting 6.2 trillion won ($4.3 billion) in sales, with companies controlling 90% of the domestic B2B market facing potential fines up to 20% of related revenues.

Yonhap Infomax
Yonhap Infomax NewsMar 6
President Lee Jae-myung warns oil refiners that price-fixing cartels are serious crimes against the people, vowing legal action as gasoline prices exceed 1,800 won nationwide following his proposal for price cap intervention in the petroleum market.
#YonhapInfomax #PriceFixing #OilRefiners #GasolinePrices #PriceCapSystem #MarketIntervention #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108380
Pluralistic: Daily links from Cory Doctorow – No trackers, no ads. Black type, white background. Privacy policy: we don't collect or retain any data at all ever period.Feb 25

Pluralistic: The whole economy pays the Amazon tax (25 Feb 2026)

https://fed.brid.gy/r/https://pluralistic.net/2026/02/25/most-favored-nation/

Pluralistic: The whole economy pays the Amazon tax (25 Feb 2026) – Pluralistic: Daily links from Cory Doctorow

IncognitimFeb 20

EPIC shakedown -> kickback the trump team performed here:

Weeks after "accusing" the 90% #phosphorous #duopoly of #priceFixing, the commodus-in-chief invokes the #DefenseProductionAct, which 'protects them from going out of business and shields them from regulatory or financial pressures. It also ensures any rule or regulation "does not place the corporate viability of any domestic producer of elemental #phosphorus or #glyphosate based herbicides at risk'
(Thread 1/2 )👇👇
https://farmpolicynews.illinois.edu/2026/01/usdas-vaden-accuses-nutrien-mosaic-of-fertilizer-price-collusion/

USDA's Vaden Accuses Nutrien, Mosaic of Fertilizer Price Collusion - Farm Policy News

Deputy Agriculture Secretary Stephen Vaden (last week) accused Nutrien and Mosaic of working to 'collude' to limit U.S. fertilizer supply and control prices, suggesting that the administration could take future action to inject more competition into markets, if necessary.

Farm Policy News
smegFeb 17

How Walmart And Pepsico Rigged Prices And Supercharged Food Inflation
https://www.forbes.com/sites/errolschweizer/2025/12/18/how-walmart-and-pepsico-rigged-prices-and-supercharged-food-inflation/

#inflation #groceries #foodprices #pricefixing #ftc #monopoly #walmart #pepsico #fritolay

How Walmart And Pepsico Rigged Prices And Supercharged Food Inflation

A newly unredacted FTC complaint shows that Pepsi and Walmart worked together to rig grocery pricing and protect Walmart’s dominance.

Forbes
Canvases By Peter 🇵🇸Feb 15

From a small Guardian update this morning:

"A highly anticipated federal court battle between the competition regulator and supermarket giant Coles begins today, testing allegations the retailer offered “illusory” discounts on hundreds of everyday products.

The Australian Competition and Consumer Commission (ACCC) is seeking large penalties and community service orders against Coles, which, along with Woolworths, controls two-thirds of the Australian grocery market.

A similar case against Woolworths is expected to be heard at a later date.

The 10-day hearing in Melbourne will scrutinise pricing practices involving hundreds of products, from instant coffee to chocolate biscuits, over an extended period.

The regulator alleges that Coles temporarily inflated prices before marking the items as discounted under promotions like “Down Down,” in a practice known as “was/is” pricing.

Coles is defending the claims, arguing pricing was a response to increased costs from suppliers.

The case starts during a period of reigniting inflation, with groceries and other household costs rising strongly again."

#Coles #Shopping #News #Consumers #ACCC #PriceFixing #Corruption #Law #Supermarkets #Australia

Yonhap Infomax NewsFeb 12
South Korea's Fair Trade Commission fined CJ CheilJedang, Samyang Corp., and Daehan Sugar a record 408.3 billion won for colluding to fix sugar prices, marking the nation's second-largest cartel penalty and requiring ongoing price reporting.
#YonhapInfomax
#FairTradeCommission #CJCheilJedang #PriceFixing #SugarMarket #4083BillionWon
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105218
'Sugar Price-Fixing'—CJ CheilJedang, Samyang Corp., Daehan Sugar Hit with 408.3 Billion Won Fine (Comprehensive)

South Korea's Fair Trade Commission fined CJ CheilJedang, Samyang Corp., and Daehan Sugar a record 408.3 billion won for colluding to fix sugar prices, marking the nation's second-largest cartel penalty and requiring ongoing price reporting.

Yonhap Infomax
Yonhap Infomax NewsFeb 12
Samyang Corp. has apologized for its involvement in sugar price-fixing, pledging stronger compliance, new anti-collusion rules, and withdrawal from the Korea Sugar Association following the Fair Trade Commission’s probe.
#YonhapInfomax #SamyangCorp #FairTradeCommission #PriceFixing #Compliance #KoreaSugarAssociation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105228
Samyang Corp. Issues Apology Over Sugar Price-Fixing—Withdraws from Association, Implements Anti-Collusion Measures

Samyang Corp. has issued a public apology after South Korea’s Fair Trade Commission found it engaged in sugar price-fixing, pledging to strengthen compliance, revise internal controls, and withdraw from the Korea Sugar Association to prevent future collusion.

Yonhap Infomax
Yonhap Infomax NewsFeb 12
CJ CheilJedang Co. apologized for its role in sugar price-fixing, announced withdrawal from the Korea Sugar Association, and unveiled strict measures to prevent future collusion, including a new transparent pricing system and reinforced compliance oversight.
#YonhapInfomax #CJCheilJedang #FairTradeCommission #PriceFixing #SugarAssociation #ComplianceManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105216
CJ CheilJedang Issues Apology for Price-Fixing, Withdraws from Sugar Association—Vows to Prevent Recurrence

CJ CheilJedang Co. apologized for its role in sugar price-fixing, announced withdrawal from the Korea Sugar Association, and unveiled strict measures to prevent future collusion, including a new transparent pricing system and reinforced compliance oversight.

Yonhap Infomax