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South Korean prosecutors raid flour giants in price-fixing probe

By Jenny Lee ( December 11, 2025, 07:08 GMT | Insight) -- South Korean prosecutors raided the offices of the country's three largest flour companies on Thursday, marking an escalation in their crackdown on alleged cartels that officials say have been squeezing household budgets. Investigators from the Seoul Central District Prosecutors’ Office searched the headquarters of Daehan Flour Mills, Sajo Dongaone and CJ CheilJedang in Seoul, seizing documents related to suspected price coordination and shipment controls, MLex was told.South Korean prosecutors raided the offices of the country's three largest flour companies on Thursday, marking an escalation in their crackdown on alleged cartels that officials say have been squeezing household budgets....

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