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Article: S. KOREA FINES FOUR DETERGENT FIRMS FOR PRICE COLLUSION.
- Article from:
- AsiaPulse News
- Article date:
- October 19, 2006
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SEOUL, Oct 19 Asia Pulse - South Korea's corporate watchdog said Thursday that it has fined four companies a total of 41 billion won (US$42.9 million) for fixing detergent prices.
The four companies are CJ Corp., LG Household & Health Care Ltd., Aekyung Industrial Co., and CJ Lion Co., according to the Fair Trade Commission.
The anti-trust agency said the four companies colluded on prices of detergents used for laundry and ...