South Korea behavioural investigations—closed cases tracker

The following Competition practice note provides comprehensive and up to date legal information covering:

  • South Korea behavioural investigations—closed cases tracker
  • 2021
  • 2020
  • 2019
  • 2018

South Korea behavioural investigations—closed cases tracker

This table summarises all completed investigations by the South Korean competition authority (the Korea Fair Trade Commission—KFTC) investigations into alleged cartels, anti-competitive agreements and abuses of dominant positions since 2018.

Note—only investigations that have been made public are included in this table.

2021

Investigations under Article 19 of the Monopoly Regulation and Fair Trade Act

Case name, companies under investigation and industryIssuesDevelopments
E-commerce
• Coupang

Restrictive agreements

• Infringement decision issued—18/08/2021; fines totalling KRW 3.27bn imposed

Firefighter vehicles

• Shinkwang Technology Co Ltd
• Seongjin Tech Co., Ltd

Restrictive agreements—bid rigging

• Infringement decision issued—30/07/2021; fines totalling KRW 1.02bn imposed

Ready-mix concrete
• 24 undertakings (listed here)

Restrictive agreements—price fixing

• Infringement decision issued—26/07/2021; fines totalling KRW 101.8bn imposed

Transportation of heavy products
• 3 undertakings (listed here)

Restrictive agreements—bid rigging

• Infringement decision issued—23/07/2021; fines totalling KRW 177m imposed

Urban railroad sleepers
• Taemyung Industries
Jeil Industrial Co Ltd

Restrictive agreements—bid rigging

• Infringement decision issued—13/07/2021; fines totalling KRW 244m imposed

Ready-mix concrete
• 2 undertakings (listed here)

Restrictive agreements—bid rigging

• Infringement decision issued—22/06/2021; fines totalling KRW 667m imposed

Military uniforms
• 2 undertakings (listed here)

Restrictive agreements—bid rigging

• Infringement decision issued—18/06/2021; fines totalling KRW 371m imposed

Railroad-toe suppliers
• 5 undertakings (listed here)

Restrictive agreements—bid rigging

• Infringement decision issued—09/06/2021; fines totalling KRW 12.5bn imposed

Non-point pollution source management
• 2 undertakings (listed here)

Restrictive agreements—bid rigging

• Infringement decision issued—06/06/2021; fines totalling KRW 75m imposed

School uniforms
• 5 undertakings (listed here)

Restrictive agreements—bid rigging

• Infringement decision issued—01/06/2021;

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