South Korean uniform retailers fined for bid-rigging
( October 13, 2026, 03:28 GMT | Official Statement) -- MLex Summary: South Korean uniform retailers in three regions of Yongin, Ulsan and Yeongcheon have been fined a combined 102 million won ($76,200) for colluding in procurement tenders issued by middle and high schools. The Korea Fair Trade Commission said Tuesday that 10 school uniform retailers agreed in advance on winning bidders and bid prices in 51 tenders placed by 19 schools between 2018 and 2025. The regulator has discovered and sanctioned 52 school uniform bid-rigging cases nationwide since 2010 and plans to increase financial penalties for future violations under revised fine guidelines introduced in April 2026. The statement is attached (in Korean). ...
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