Most Popular
-
1
Now is no time to add pressure on businesses: top executives
-
2
CJ CheilJedang to spur overseas growth with new Hungary, US plants
-
3
Seoul to host winter festival from Dec. 13
-
4
Blackpink's solo journeys: Complementary paths, not competition
-
5
Nationwide rail disruptions feared as union plans strike from Dec. 5
-
6
Korean Air offers special flights for mileage users
-
7
N. Korea, Russia court softer image: From animal diplomacy to tourism
-
8
Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
-
9
[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
![[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050099_0.jpg&u=20241121172748)
-
10
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
![[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050099_0.jpg&u=20241121172748)
Korean FTC probes price-fixing by foreign car shipping firms
By 최희석Published : Aug. 4, 2016 - 11:27
[THE INVESTOR] The Fair Trade Commission is looking into allegations of price-fixing by international automobile shipping companies, the antitrust agency said Aug. 4.
According to the FTC, a number of foreign shipping companies may have colluded to fix prices between 2008 and 2012.
Companies under investigation include Japan’s Nippon Yusen, K Line, Mitsui O.S.K. Lines, Norwegian firm Wallenius Wilhelmsen Logistics and Chile’s CSA.
Japanese shipping companies had received about 200 billion won (US$179.64 million) fines in 2014 after they admitted to unfair practices in 2014. In addition, the US and Chinese antitrust agencies have found similar activities by a total of 13 shipping companies.
By Choi He-suk (cheesuk@heraldcorp.com)
According to the FTC, a number of foreign shipping companies may have colluded to fix prices between 2008 and 2012.
Companies under investigation include Japan’s Nippon Yusen, K Line, Mitsui O.S.K. Lines, Norwegian firm Wallenius Wilhelmsen Logistics and Chile’s CSA.
Japanese shipping companies had received about 200 billion won (US$179.64 million) fines in 2014 after they admitted to unfair practices in 2014. In addition, the US and Chinese antitrust agencies have found similar activities by a total of 13 shipping companies.
By Choi He-suk (cheesuk@heraldcorp.com)
