Two major plate glass makers fined for rigging prices

Date: 12 June 2013
Source: www.globalpost.com

Date: 12 June 2013

South Korea's antitrust watchdog said Monday that it has fined two major domestic plate glass makers a combined 38.42 billion won (US$34.24 million) for colluding on product prices.

Subject to the fines are KCC Corp. and Hanglas, which account for about 80 percent of the country's plate glass market.They were ordered to pay 22.45 billion won and 15.97 billion won, respectively, according to the Fair Trade Commission (FTC).

Read more here.
600450 Two major plate glass makers fined for rigging prices glassonweb.com

See more news about:

Others also read

MORE...

Arrow Digital launches the Tecglass Ceramic Digital Printer for the Glass Industry
Tecglass is one of the leading companies that design and develop a range of innovative Digital Printers for the glass industry.
Oxford solar cell pioneer named as only UK scientist in Nature’s Top 10
Dr Henry Snaith of the University of Oxford has been named as one of the ten people who have made the most difference in science during 2013 in recognition of his work on next generation solar power technology.
Rotterdam Architecture Award for EMC Educational Centre
The Education Center Erasmus MC Rotterdam has won the Rotterdam Architecture Award. From a shortlist of 25 entries, the jury has chosen the design of Claus & Kaan Architecten.
Bio-Glass – Interior Innovation Award Winner 2014
Coverings ETC’s Bio-Glass in “Topaz Blue” designed by Ofer Mizrahi was bestowed the Interior Innovation Award-Winner 2013, the prestigious international design award of the German Design Council.
2013 Deep Research Report on China LOW-E Glass Industry
2013 Deep Research Report on China LOW-E Glass Industry was professional and depth research report on China Low-E Glass (LOW-Emissivity Glass) industry.
Epwin Group Chairman receives Derek Bonnard Award for Excellence
Jim Rawson, chairman of Epwin Group was awarded the Derek Bonnard Award for Excellence at the G13 Awards, held at the prestigious Park Lane Hilton, London on November 29th.

Add new comment