News and analysis for the global poultry industry.
Industry News & Trends / Asia
on March 21, 2022

South Korean poultry firms fined for price-fixing

For colluding to fix prices, 16 of South Korea’s poultry companies have received fines totaling around US$145 million.

In the past week, the antitrust authority in South Korea imposed heavy fines on 16 of the country’s poultry companies.

According to Yonhap news agency, the penalties amounted to a total of 175.8 billion won (KRW; US$145.1 million).

Including some of the nation’s largest producers, the companies involved had…

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