Repeat cartel offenders in South Korea face doubled fines, leniency cuts, tender bans
By Wooyoung Lee ( April 23, 2026, 00:19 GMT | Insight) -- Businesses that repeatedly engage in collusion in South Korea could face tougher penalties, including doubled fines, reduced leniency benefits and even restrictions on market access through license revocation or business suspension. The Korea Fair Trade Commission unveiled a comprehensive package of measures aimed at deterring repeat cartel offenses.Businesses that repeatedly engage in collusion in South Korea could face tougher penalties, including doubled fines, reduced leniency benefits and even restrictions on market access through license revocation or business suspension....
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