Jurisdiction: South Korea

The final voyage of Australia's international shipping cartel proceedings docked permanently on 4 February 2021 as the Federal Court of Australia imposed a $24 million fine on Wallenius Wilhelmsen Ocean AS (Wallenius). Wallenius was fined...

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Google and the Art of War

October 9, 2012 | 1 Comments

Sun Tzu: Whether to concentrate or to divide your troops, must be decided by circumstances Google is busy fighting a war on multiple fronts, with antitrust investigations ongoing in the US, the EU, India, Argentina...

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KFTC investigates Google’s practices

May 31, 2012 | 0 Comments

South Korea’s competition authority, the Korea Fair Trade Commission, is investigating claims that Google has been abusing its dominant position in the market by blocking alternative search engines on its Android-powered mobile telephones.  The investigation...

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Korean IT companies hit by dawn raids

May 9, 2012 | 0 Comments

In April 2012, Korea’s Fair Trade Commission (KFTC) conducted a series of dawn raids targeting four multinational information technology companies. The premises of Hewlett-Packard, IBM, Oracle and SAP were raided due to concerns of anti-competitive behaviour...

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Instant noodlers in hot water

April 24, 2012 | 0 Comments

The Korean Fair Trade Commission has fined four major noodle manufacturers 135.4 billion won (approximately AUD115 million) for fixing the prices of instant noodles.  The KFTC found that the four companies (who hold a combined...

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