South Korea's pallet oversupply fuels collusion among smaller manufacturers
By Wooyoung Lee ( May 7, 2026, 06:10 GMT | Insight) -- More than a dozen South Korean pallet makers have been fined a combined 11.7 billon won ($8 million) for rigging bids and engaging in collusive schemes to avoid price competition. The Korea Fair Trade Commission said that it imposed fines and corrective orders on 18 pallet makers and distributors, including Goldline, Goldline Palletech, NPC and Korea Plastic, for cartel conduct spanning nearly seven years. More than a dozen South Korean pallet makers have been fined a combined 11.7 billon won ($8 million) for rigging bids and engaging in collusive schemes to avoid price competition....
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