Most Popular
-
1
Dongduk Women’s University halts coeducation talks
-
2
Defense ministry denies special treatment for BTS’ V amid phone use allegations
-
3
OpenAI in talks with Samsung to power AI features, report says
-
4
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
-
5
Two jailed for forcing disabled teens into prostitution
-
6
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
7
S. Korea not to attend Sado mine memorial: foreign ministry
-
8
South Korean military plans to launch new division for future warfare
-
9
Gold bars and cash bundles; authorities confiscate millions from tax dodgers
-
10
North Korean leader ‘convinced’ dialogue won’t change US hostility
Hyundai Motor Group fined the most for unfair trade practices
By 최희석Published : Oct. 10, 2016 - 14:17
[THE INVESTOR] Hyundai Motor Group has been fined the most among South Korean conglomerates for breaking fair trade regulations since 2012, antitrust agency data showed on Oct. 9.
According to the Fair Trade Commission report obtained by Rep. Park Yong-jin of the main opposition Minjoo Party of Korea, Hyundai Motor Group has been fined more than 349.58 billion won (US$ 314.65 million) between 2012 and September this year.
Hyundai Motor Group was followed by Samsung Group and POSCO. During the same period, Samsung was fined about 283.22 billion won, while POSCO was fined 217.65 billion won.
In terms of number of violations, Lotte Group had the worst track record, having been found to have violated related regulations on 124 occasions.
By Choi He-suk (cheesuk@heraldcorp.com)
According to the Fair Trade Commission report obtained by Rep. Park Yong-jin of the main opposition Minjoo Party of Korea, Hyundai Motor Group has been fined more than 349.58 billion won (US$ 314.65 million) between 2012 and September this year.
Hyundai Motor Group was followed by Samsung Group and POSCO. During the same period, Samsung was fined about 283.22 billion won, while POSCO was fined 217.65 billion won.
In terms of number of violations, Lotte Group had the worst track record, having been found to have violated related regulations on 124 occasions.
By Choi He-suk (cheesuk@heraldcorp.com)
