This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

South Korean transformer makers under investigation over alleged bid rigging

( November 23, 2017, 08:09 GMT | Insight) -- Seoul Metropolitan Police Agency has launched an investigation of transformer manufacturers for alleged bid rigging, Yonhap News reports.The Seoul Metropolitan Police Agency has launched an investigation of transformer manufacturers for alleged bid rigging, Yonhap News reports. The companies include Hyosung, Hyundai Heavy Industries and LS Industrial Systems. They are suspected of pre-arranging bid prices in tenders prepared by the Kori Nuclear Power Plant between 2010 and 2015. The police recently called in relevant individuals for questioning. The Korea Fair Trade Commission also launched a probe into the same case at the beginning of this month, the report added....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections