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Eight Companies, Including Kolon Life Science and Snf, Were Fined 4.3 Billion Won (Approximately $3.5 Million Usd) for Alleged Bid-Rigging on Organic Coagulants for Water Purification.
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"Collusion in the bidding process for organic coagulants ordered by local governments nationwide... Fines imposed and prosecution filed" [Digital Daily Reporter Park Ki-rok] The Fair Trade Commission has imposed fines and filed prosecution against eight companies, including SNF Korea and Kolon Life Science, for collusion in the bidding process for organic coagulants for water purification. On the 14th, the Fair Trade Commission issued a correcti…
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