Korean regulator imposes USD33-million fine on three automotive suppliers for unfair trade practices

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Corporate developments

Denso Corporation was exempted as it applied to KFTC for the leniency program, which was granted by KFTC

The Korea Free Trade Commission (KFTC) has levied a combined KRW37.1 billion (USD33.2 million) in fines on three foreign automotive suppliers for unfair trade practices, reports Yonhap News Agency.

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