9 Japanese Firms Fined over Price Collusion

SEJONG, Sept. 16 (Korea Bizwire) – South Korea’s corporate watchdog said Sunday that it has decided to slap a total of 36 billion won (US$32 million) in fines on nine Japanese firms for allegedly colluding to maintain or raise prices of capacitors, a key electrical component used in smartphones and many other electric devices. According to the [...]