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 | 03.22.26
EU Pharma Package: Regulatory Data Protection Compromise Proposal
In our second alert in this EU Pharma Package Series, we provided a detailed overview of the diverging positions of the European Commission (Commission), the European Parliament (Parliament), and the Council of the European Union (Council) on one of the most debated and anxiously anticipated topics, the regulatory data protection (RDP). While all EU institutions proposed a modulation system, they differed significantly in terms of the baseline period and the structure of the possible extensions.
Client Alert | 1 min read | 03.20.26
Client Alert | 6 min read | 03.20.26
Client Alert | 10 min read | 03.19.26
