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

SPC Group's unfair support allegations crumble in South Korea's top court, $46.9 million fine overturned

By Jenny Lee ( June 19, 2024, 03:08 GMT | Insight) -- In a stunning victory, SPC Group, the South Korean food and beverage giant, has successfully challenged the 64.7 billion won ($46.9 million as of today) fine imposed by the South Korean competition regulator in 2020. Earlier this week, the Supreme Court of Korea affirmed the lower court's decision, effectively overturning the entire fine and the majority of the corrective orders mandated by the Korea Fair Trade Commission, which had alleged that SPC unfairly supported its affiliates.In a stunning victory, SPC Group, the South Korean food and beverage giant, has successfully challenged the 64.7 billion won ($46.9 million as of today) fine imposed by the South Korean competition regulator in 2020....

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