Shipping companies have been fined for price fixing on Japan routes for 15 years. The Fair Trade Commission (FTC) action is just the latest related to ocean-freight collusion. On Thursday, the regulator said that it was fining 15 companies a total of 80 billion ($64 million) won for the price fixing. It cited 76 specific …
The post S. Korea: 15 shipping companies fined 80 billion won for price fixing first appeared on Hellenic Shipping News Worldwide.