S.Korea’s FTC Assess The Punitive Actions Of Shipping Companies’ Price Rigging

• S. Korea’s FTC reviews punitive actions against sea carriers for price rigging.
• The FTC will convene a full session and decide on punishment level after the reviews.

South Korea’s antitrust watchdog has embarked on a process of taking punitive actions against sea shipping companies for price rigging, reports Maekyung.

According to multiple industry sources on Monday, the Fair Trade Commission has recently notified major local shippers including Korea’s sea flag...

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