South Korean food companies face new KFTC cartel probe

By Wooyoung Lee ( October 14, 2026, 07:43 GMT | Insight) -- South Korea’s major food companies, Daesang, Otoki and CJ CheilJedang, face a new probe by the country’s competition regulator over allegations that they colluded to fix prices for a range of food products, including kimchi, tofu, oils and fats, microwavable rice, fermented pastes, sauces and gift sets.South Korea’s major food companies, Daesang, Otoki and CJ CheilJedang, face a new probe by the country’s competition regulator over allegations that they colluded to fix prices for a range of food products, including kimchi, tofu, oils and fats, microwavable rice, fermented pastes, sauces and gift sets....

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