Lotte Shopping fine by KFTC overturned by South Korean Supreme Court for being set improperly
By Danbee Lee ( January 11, 2018, 04:34 GMT | Insight) -- South Korea’s Supreme Court has overturned a decision by the Korea Fair Trade Commission against Lotte Shopping on grounds that the regulator abused its discretionary authority in the way it calculated fines in the case. The ruling adds to a long list of courtroom losses by the regulator in attempting to defend its standards on antitrust fines.South Korea’s Supreme Court has overturned a Korea Fair Trade Commission decision against Lotte Shopping on the grounds that the regulator abused its discretionary authority in the way it calculated fines in the case....
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