Soft Drink Majors Charged With Price Fixing

Five South Korean soft drink producers have been fined a combined KRW25.4bn after they were found to have colluded over prices in early 2008. Part of a concerted government effort to monitor the business activities of producers engaged in providing daily essentials, the Fair Trade Commission (FTC) is also investigating the behaviour of the mobile phone industry, the soju sector and the cinema

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