7 water-related engineering firms fined over collusion
7 water-related engineering firms fined over collusion
  • Kim Sua
  • 승인 2018.07.08 12:04
  • 댓글 0
이 기사를 공유합니다

South Korea's corporate watchdog said Sunday that it has levied a total of 20 billion won (US$17.9 million) in fines on seven water-related engineering firms for cartel-like activities.

The Fair Trade Commission (FTC) said Water Resources Engineering Corp. and six other firms colluded for major maintenance and repair projects valued at 310 billion won, placed by the Korea Water Resources Corp. between 2011 and 2016. The moved helped the company win a stable flow of orders without submitting the lowest possible price for the contracts.

The corporate watchdog also said it plans to refer five firms to state prosecutors for further investigation. (Yonhap)

삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.