South Korea’s Top Mobile Operators Hit with $79M Fine for Collusion
In a significant move against corporate misconduct, South Korea’s Fair Trade Commission (KFTC) has imposed a hefty fine of KRW 114 billion (approximately $79 million) on the country’s three leading mobile operators for engaging in illegal activities that distorted competition in the mobile phone market. The KFTC’s investigation uncovered that the operators – SK Telecom, […]
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