US EditionCJ, 6 Other Flour Makers Under FTC Probe for Price-Fixing
4 Articles
4 Articles
The Fair Trade Commission plans to sanction seven companies, including CJ CheilJedang and Daehan Flour Mills, for alleged collusion. It was confirmed on the 19th that the Fair Trade Commission sent an audit report to seven flour manufacturers and sellers, including CJ CheilJedang and Daehan Flour Mills, on charges of violating the Fair Trade Act. The audit report includes the Fair Trade Commission's findings on the alleged illegality of the comp…
[Digital Daily Reporter Yoo Chae-ri] Major domestic flour mills have been sanctioned by the Fair Trade Commission (FTC) for the first time in 20 years on charges of fixing flour prices for six years. Considering the severity of this case, the FTC plans to deliberate on whether to issue a "price readjustment order," which would allow companies to re-set their own prices. The FTC announced on the 20th that it will hold a plenary session to review …
CJ CheilJedang, Daehan Flour Mills [001130] and 7 other companies to be brought to the plenary session... Related sales of 5.8 trillion won The Fair Trade Commission has made its first public explanation of an unfinished case... "Considering the public's right to know, etc." CJ CheilJedang, Daehan Flour Mills and 7 other companies to be brought to the plenary session... Related sales of 5.8 trillion won
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