South Korea refining industry Archives | Be Korea-savvy
Korean Refiners to Get Back Money as Supreme Court Overturns the Previous Ruling

Korean Refiners to Get Back Money as Supreme Court Overturns the Previous Ruling

SEJONG, Feb. 10 (Korea Bizwire) – South Korea’s antitrust watchdog said Tuesday it will abide by a Supreme Court ruling that would force it to give back 119.2 billion won (US$109.2 million) it took as fines from two local oil refiners who were accused of distorting free market competition. The court overturned actions taken by [...]