Watchdog to slap 747.6 bln-won fine on 4 starch makers for price rigging

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Source: South Korea
Published: 2026-07-07 13:00 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, South Korea, Trade & Sanctions, Business & Economy, Asia Pacific
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Snippet:
SEOUL, July 7 (Yonhap) -- South Korea's fair trade watchdog on Tuesday decided to impose a record 747.6 billion-won (US$488.7 million) fine on four starch producers for colluding to fix prices.
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