2 transport firms fined W340m for bid rigging

2 transport firms fined w340m for bid rigging

Sumary of 2 transport firms fined W340m for bid rigging:

  • Sebang Co. LogoSouth Korea’s antitrust regulator said Thursday it has decided to impose a combined fine of 340 million won ($285,000) on two transport companies for rigging bids to win three projects by the country’s major shipbuilder, Daewoo Shipbuilding &
  • Marine Engineering Co.In 2014, Sebang Co. and Dongbang Transport Logistics Co. colluded to fix their price quotations on a transport project to make sure Saebang won the deal.

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