Earlier this month, the Fair Trade Commission imposed fines totalling 699 million won (KRW; US$554,000) on six of South Korea’s poultry processors, as well as the industry association.
According to the Yonhap news agency, the penalties were meted out by the antitrust regulator for fixing both prices and supplies of poultry meat. These activities concerned indigenous chickens, and covered the period 2013-2017.