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Kepco sues power equipment makers for damages after South Korean cartel decision

By Jenny Lee ( August 27, 2025, 03:56 GMT | Insight) -- Korea Electric Power Corp. has launched a damages suit against nine domestic power equipment makers accused of colluding in high-voltage switchgear tenders, escalating the fallout from a cartel case already sanctioned by South Korea’s antitrust regulator. The state-run utility told MLex today it filed its complaint with the Seoul Eastern District Court on Aug. 22, demanding 3 billion won ($2.1 million) in compensation.Korea Electric Power Corp., or Kepco, has launched a damages suit against nine domestic power equipment makers accused of colluding in high-voltage switchgear tenders, escalating the fallout from a cartel case already sanctioned by South Korea’s antitrust regulator....

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