The South Korean FTC sanctions a gas station trade association and 2 agricultural cooperatives for fixing the daily retail prices of light petroleum products in the Jeju region (Jeju Gas Station Association / Jeju City Agricultural Cooperative / Seogwipo
On 7 July 2026, the Korean FTC announced corrective orders and surcharges totalling KRW 2.05 billion against the Jeju Branch of the Korea Gas Station Association and 2 of its member businesses, Jeju…
Read the full articleYou might also wanna read
Jeju Gas Stations Fined 2 Billion Won for Price-Fixing Scheme
Korea's FTC fined Jeju gas stations, the Korea Oil Station Association, and two Nonghyup branches 2.05 billion won for a fuel price-fixing s
South Korea indicts four oil refiners for alleged price collusion after Middle East conflict
South Korean prosecutors on Monday indicted four major domestic oil refiners for violating fair trade laws.
cnbc.com·11d agoKorea Antitrust Watchdog Reviews Myungryundang's Alleged Illegal Lending Support
Korea's FTC signals fines of up to 34.7 billion won against Myungryundang over allegations it provided 21.7 billion won in benefits to 14 af
Korean refiners in spotlight as Russia's diesel export ban tightens global supply
Korean refiners are drawing growing attention for their expanding role in the global supply chain after Russia halted diesel exports followi
Prosecutors Indict Four Refiners Over Alleged 26 Trillion Won Price-Fixing
Korean prosecutors indicted four refiners — HD Hyundai Oilbank, SK Energy, GS Caltex, and S-Oil — over alleged price-fixing worth up to 26 t
Coffee for just $1.33? S. Korea to revamp contract structures of highway service plazas
South Korea plans to overhaul the way highway service plazas are operated, replacing the current multilayered contracting system with direct
Comments
Sign in to join the conversation.
No comments yet. Be the first.