Antitrust Antitrust

Medtronic Korea fined by KFTC for restricting competition in medical equipment market

By Wooyoung Lee
  • 27 Jun 2020 22:30
  • 26 Jun 2020 00:36
Medtronic Korea, a South Korean business of US medical device company Medtronic, was fined 270 million won ($225,221) by Korea Fair Trade Commission, or KFTC, today for restricting competition in the medical equipment market and the autonomy of local distributors to set prices and places of supply.

The company was found to

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