Inter-affiliate Trading Plunges over 2 Years on Tough Rules

SEOUL, June 3 (Korea Bizwire) — Transactions between affiliates of South Korea’s family-controlled conglomerates have fallen more than 30 percent over the past two years on tough regulations, data showed Wednesday. The value of unfair in-house transactions by 208 conglomerate subsidiaries came to 8.8 trillion won (US$7.2 billion) last year, down 32 percent from two [...]