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 | 5 min read | 06.13.25
Crowell and GWU Competition Law Center Host Sixth Annual Antitrust and Tech Conference
On May 13, 2025, Crowell & Moring and The George Washington University Competition Law Center hosted the Sixth Annual Antitrust and Tech Conference, which provided a platform for discussing pivotal issues in antitrust policy at this time of transition in leadership.
Client Alert | 2 min read | 06.12.25
Client Alert | 1 min read | 06.12.25
Client Alert | 5 min read | 06.11.25
Steel Tariffs Doubled: How the Hike Could Reshape Construction Projects at Home and Abroad
