Most Popular
-
1
IMF lowers Korea's 2025 growth outlook to 2%
-
2
Reality show 'I Live Alone' disciplined for 'glorifying' alcohol consumption
-
3
Now is no time to add pressure on businesses: top executives
-
4
CJ CheilJedang to spur overseas growth with new Hungary, US plants
-
5
Japan to hold 1st memorial for Korean forced labor victims at Sado mine
-
6
[Herald Interview] How Gopizza got big in India
![[Herald Interview] How Gopizza got big in India](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/20/20241120050057_0.jpg&u=20241120164556)
-
7
Nearly half of pines at Seoraksan face extinction due to global warming: study
-
8
Nationwide rail disruptions feared as union plans strike from Dec. 5
-
9
Blackpink's solo journeys: Complementary paths, not competition
-
10
Seoul to host winter festival from Dec. 13
![[Herald Interview] How Gopizza got big in India](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/20/20241120050057_0.jpg&u=20241120164556)
Hyundai Motor Group fined the most for unfair trade practices
By 최희석Published : Oct. 10, 2016 - 14:17
[THE INVESTOR] Hyundai Motor Group has been fined the most among South Korean conglomerates for breaking fair trade regulations since 2012, antitrust agency data showed on Oct. 9.
According to the Fair Trade Commission report obtained by Rep. Park Yong-jin of the main opposition Minjoo Party of Korea, Hyundai Motor Group has been fined more than 349.58 billion won (US$ 314.65 million) between 2012 and September this year.
Hyundai Motor Group was followed by Samsung Group and POSCO. During the same period, Samsung was fined about 283.22 billion won, while POSCO was fined 217.65 billion won.
In terms of number of violations, Lotte Group had the worst track record, having been found to have violated related regulations on 124 occasions.
By Choi He-suk (cheesuk@heraldcorp.com)
According to the Fair Trade Commission report obtained by Rep. Park Yong-jin of the main opposition Minjoo Party of Korea, Hyundai Motor Group has been fined more than 349.58 billion won (US$ 314.65 million) between 2012 and September this year.
Hyundai Motor Group was followed by Samsung Group and POSCO. During the same period, Samsung was fined about 283.22 billion won, while POSCO was fined 217.65 billion won.
In terms of number of violations, Lotte Group had the worst track record, having been found to have violated related regulations on 124 occasions.
By Choi He-suk (cheesuk@heraldcorp.com)
