FTC chief introduces plan to lift cap on cartel whistleblower rewards at OECD meeting

Korea Fair Trade Commission Chairman Ju Byung-ki introduced the country's plans to reform its cartel regulations — including ...

Japan firms fined $3.4 million over maglev bid-rigging

Two major construction companies were Monday ordered to pay fines totalling more than $3 million for colluding to win ...

Government contractors beware — DOJ Antitrust Division doubles down on procurement bid rigging

Lauren Briggerman and Karen Harbaugh of Squire Patton Boggs LLP discuss the DOJ Antitrust Division's focus on prosecuting ...

Fair Trade Commission moves to sanction 10 lubricant makers over price-fixing, with fines of up to 404 billion won possible

Ten domestic lubricant manufacturers and distributors are set to face a Korea Fair Trade Commission review over allegations ...
The Chosun Ilbo on MSN

KFTC sanctions 10 lubricant firms for price collusion

The Korea Fair Trade Commission (KFTC) has initiated sanctions procedures against 10 industrial lubricant manufacturers and ...

FTC Catches 10 Lubricant Firms in 2 Trillion Won Price and Bid Collusion... Massive Fines Expected

Ten manufacturers and distributors that have effectively monopolized the industrial lubricants and metalworking fluids market ...
Chosunbiz

Korea FTC opens deliberation on lubricant price-fixing by 10 firms

The companies that the Korea Fair Trade Commission (FTC) determined have alleged price-fixing and bid-rigging are Gwangwoo, ...