South Korea Fines Rubber Companies $6 Million
Client Alert | less than 1 min read | 04.12.07
The South Korea Fair Trade Commission has imposed a $6 million fine on two synthetic rubber companies for alleged price collusion. The Commission said that Kumho Petrochemical and Seetec Ltd. colluded to raise the prices of synthetic rubber used to make tires. The two companies supply 91% of the country’s total demand for synthetic rubber and hiked prices by 12%-18% four times over a three year period ending in March 2003.
Insights
Client Alert | 4 min read | 01.14.26
PFAS Reporting Gets Real in 2026
State regulation of PFAS-containing products will ramp up significantly in 2026. Most notably, companies will have to comply with Minnesota’s sweeping new product-reporting requirements. As we explain below, Minnesota’s requirements cast a wide net, capturing companies that may not sell products directly into the state. This and other features of the state’s reporting program are likely to present significant compliance challenges for a wide range of businesses.
Client Alert | 3 min read | 01.13.26
Client Alert | 7 min read | 01.13.26
Client Alert | 4 min read | 01.13.26
