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South Korean conglomerate SK overturns antitrust decision involving LG Siltron acquisition

By Jenny Lee ( January 24, 2024, 07:45 GMT | Insight) -- SK Inc. and its chairman Chey Tae-won, who oversees all operating companies within the SK brand, have successfully challenged an antitrust decision related to their acquisition of LG Siltron. The Seoul High Court today annulled the fines and orders for corrective action levied by the Korea Fair Trade Commission for wrongdoing committed during the conglomerate’s acquisition of the silicon-wafer manufacturer LG Siltron in 2017.SK Inc. and its chairman Chey Tae-won, who oversees all operating companies within the SK brand, have successfully challenged an antitrust decision related to their acquisition of LG Siltron....

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