South Korea · General

Watchdog slaps 3 bln won in fines on 5 parcel delivery firms for unfair contracts

· By Kang Yoon-seung
Story summary

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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