PM pledges to root out price-fixing practices

The Korea Herald · Yonhap ·

Prime Minister Han Seong-sook pledged Wednesday to root out price-fixing practices, saying the government has imposed more than 1.8 trillion won ($1.3 billion)

Prime Minister Han Seong-sook pledged Wednesday to root out price-fixing practices, saying the government has imposed more than 1.8 trillion won ($1.3 billion) in administrative fines this year alone on companies involved in collusion.

Han made the remark in a post on X, saying stabilizing prices is an important responsibility of the government.

"We will firmly safeguard the people's dining tables from price-fixing," she said.

Read the full story at The Korea Herald · All coverage of this story