This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

US Coverage

Law360 Authority | Deep News & Analysis

Global Coverage

Law360 Pulse | The Business of Law

Mealeys

MLex

Antitrust - CJ CheilJedang - Samyang Corporation - TS Corporation - Alleged price-fixing of sugar (South Korea)

Major sugar producers in South Korea have been handed one of the country’s biggest-ever cartel penalties after the competition watchdog concluded the industry’s big three”players coordinated business-to-business price moves for years in a market protected by high entry barriers. The Korea Fair Trade Commission fined CJ CheilJedang, Samyang Corporation and TS Corporation a combined 396 billion won ($255.8 million) and issue corrective orders after finding they agreed on the timing and scale of sugar-price hikes and cuts applied to large food and beverage manufacturers for more than four years.

To add details to this portfolio regarding legal or economic representatives, please contact editors@mlex.com.

Timeline

Parties

Get the inside track, with MLex

With a global network of expert journalists digging deep into the areas of risk that matter to your business and clients—and the highest standards of impartiality—you can have complete trust in MLex to keep you ahead of the regulatory curve.


  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from specialists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

TRY MLEX FREE FOR 14 DAYS

View the parties now

Already a subscriber? Click here to login