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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. 

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Client Alert | 6 min read | 09.11.26

It’s LIVE: The Cyber Resilience Act Reporting Is Mandatory as of Today - 11 September 2026

The wait is over. As of today, manufacturers of connected products (both hardware and software) must comply with the Cyber Resilience Act’s (“CRA”) vulnerability and incident reporting obligations. The CRA’s Single Reporting Platform (“SRP”), operated by the European Union Agency for Cybersecurity (“ENISA”), is now the EU-wide gateway through which those notifications must flow....