Watchdog to fine Celltrion $469,000 over unfair subcontracting practices

Korea Times News ·
Business Corporate South Korea
South Korea

South Korea's antitrust watchdog said Thursday it will impose a 630 million-won ($469,000) fine on Celltrion Inc., a biotechnology firm, for unfairly canceling orders and failing to provide a subcontractor with required documents on time. The Fair Trade Commission (FTC) said it will also issue a corrective order against the company over violations related to COVID-19 test kits with a local…

Read original article on Korea Times News →

Related news