Antitrust Antitrust

Homeplus loses appeal against fine, sanction imposed by South Korean antitrust regulator

By Jenny Lee
  • 15 Dec 2021 04:03
  • 15 Dec 2021 04:03
South Korean retailer Homeplus failed in its bid to quash antitrust fines totaling more than $20 billion won (about $16.9 million) and corrective orders imposed by the country’s regulator in 2016 for abusing its superior bargaining position in its treatment of suppliers.

The Supreme Court of South Korea handed down a ruling

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