Cybersky Archives | Be Korea-savvy
Korean Air Fined 1.43 Bln Won for Unfair Deals with Affiliates

Korean Air Fined 1.43 Bln Won for Unfair Deals with Affiliates

SEJONG, Nov. 28 (Korea Bizwire) – South Korea’s antitrust regulator said Sunday it has imposed a collective fine of 1.43 billion won (US$1.2 million) on Korean Air Lines Co. for unfair practices involving two of its affiliates.  The Fair Trade Commission (FTC) issued a correction order to the national flag carrier to address unfair deals [...]