Watchdog slaps 3 bln won in fines on 5 parcel delivery firms for unfair contracts
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Source: South Korea
Published: 2026-05-18 13:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Economy & Finance, Financial Markets, Business & Economy, Asia Pacific
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Snippet:
SEOUL, May 18 (Yonhap) -- South Korea's antitrust watchdog on Monday imposed a combined 3 billion won (US$2 million) in fines on five parcel delivery companies for violating the subcontracting law by taking advantage of their dominant position in the market.
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