[CLSTR]
< Back to situations

[ORGANIZATION]

Fair Trade Commission

Featured in 25 tracked stories · first seen

Situations

[ACTIVE] [BUSINESS] [KR]

South Korean food industry price collusion

2 clusters · 4 sources · last updated

Latest: South Korean lawmakers urge punitive damages as cartel fines remain low

The South Korean Fair Trade Commission (KFTC) has imposed approximately 2.2 trillion won in fines on 61 food companies for colluding on the prices of essential raw materials, such as sugar, flour, and starch, between 201

[ACTIVE] [POLITICS] [KR] [IN] [TW]

South Korea: President Lee faces fluctuating approval

257 clusters · 134 sources · last updated

Latest: President Lee Jae-myung's approval rating falls to 35.2%

President Lee Jae-myung’s administration continues to face significant political volatility and shifting public sentiment. While recent polling from the Korea Society Opinion Research (KSOI) indicated a slight rebound to

[ACTIVE] [BUSINESS] [KR]

South Korean petroleum price collusion investigation

2 clusters · 7 sources · last updated

Latest: SK Energy announces pricing reforms and apology following collusion probe

The South Korean Fair Trade Commission (FTC) initiated formal proceedings against SK Energy and HD Hyundai Oilbank for suspected petroleum price collusion. Investigators alleged the companies exchanged sensitive informat

[QUIET] [BUSINESS] [KR] [JP]

Korean Air and Asiana Airlines merger

6 clusters · 15 sources · last updated

Latest: Asiana Airlines to operate 73 special mileage flights ahead of Korean Air merger

Asiana Airlines shareholders have approved a merger with Korean Air, concluding a nearly six-year acquisition process. The acquisition, valued at 1.8 trillion won ($1.6 billion), is expected to create the world’s 10th-la

[QUIET] [BUSINESS] [KR]

South Korea collusion and bid rigging regulation

2 clusters · 10 sources · last updated

Latest: South Korea to strengthen sanctions against repeat collusion

The Korea Fair Trade Commission (KFTC) initially proposed tightening restrictions on companies involved in repeated bid rigging for public contracts. The proposal aimed to extend the assessment period for collusion from

[QUIET] [INTERNATIONAL] [JP] [TW] [US]

Kumamoto earthquake recovery: aid packages and ongoing gaps

41 clusters · 112 sources · last updated

Latest: Japan businesses launch new services to support disaster recovery via hometown tax

As recovery efforts continue following the July 28, 2026, earthquake, the scale of damage has risen to over 53,800 buildings. While water outages have been restored, many residents remain in evacuation centers or makeshi

[QUIET] [BUSINESS] [KR]

Korea Customs Service enforcement and e-commerce fraud

6 clusters · 8 sources · last updated

Latest: South Korea faces rising customs identity theft and parcel dispute issues

The Korea Customs Service has conducted extensive enforcement actions targeting drug smuggling, financial violations, and increasingly, e-commerce fraud. In late August, the agency reported a 100% arrest rate in internat

[QUIET] [BUSINESS] [KR] [JP]

South Korean delivery app fee disputes

2 clusters · 7 sources · last updated

Latest: South Korea FTC targets delivery app fees and investigation evasion

Small business owners in South Korea are reporting significant financial strain due to delivery app fees. A survey by the Korea Federation of SMEs found that transaction costs for these merchants can exceed 26% of monthl

[QUIET] [BUSINESS] [KR] [HR]

Korean and Asiana Airlines Starlink Wi-Fi rollout

3 clusters · 23 sources · last updated

Latest: Korean Air prepares for Asiana merger with Starlink Wi-Fi and mileage integration

Korean Air and Asiana Airlines are advancing their planned merger alongside the rollout of free, high-speed in-flight Wi-Fi using SpaceX’s Starlink satellite system, beginning September 15. Korean Air will initially off

Also covered in