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Hyundai Rotem, two other South Korean rolling stock companies fined for bid-rigging

By Wooyoung Lee ( July 13, 2022, 07:31 GMT | Insight) -- Hyundai Rotem, one of the world’s largest rolling stock manufacturers, and its smaller rivals have been hit with a combined fine of 56.4 billion won ($43 million) from the South Korean competition regulator for rigging bids in public tenders for rail vehicles.Hyundai Rotem, one of the world’s largest rolling stock manufacturers, and its smaller rivals have been hit with a combined fine of 56.4 billion won ($43 million) for rigging bids in public tenders for rail vehicles by the South Korean competition regulator....

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