Antitrust Antitrust

South Korean steel-shot producers hit with penalties over abrasive-blasting media collusion

By Jenny Lee
  • 22 Sep 2022 04:50
  • 22 Sep 2022 04:50
Three South Korean steel-shot companies have been fined a total of 1.38 billion won (about $980,000) and have been issued with corrective orders by the country’s antitrust regulator for engaging in price-fixing and collusion.

In a statement today, the Korea Fair Trade Commission, or KFTC, said between July 2017 and August 2019, Seoul

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