[Breaking] Executives of Binggrae, Lotte, and Haitai Found Guilty in First Trial for Ice Cream Price Fixing
![[Breaking] Executives of Binggrae, Lotte, and Haitai Found Guilty in First Trial for Ice Cream Price Fixing](http://www.asiae.co.kr/news/img_view.htm?img=2023072710454521660_1690422346.jpg)
Executives of the Big 4 ice cream companies (Binggrae, Lotte Foods, Lotte Confectionery, and Haitai Confectionery) who were prosecuted for ice cream price-fixing were given suspended prison sentences in the first trial.
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Judge Lee Jun-gu of the Seoul Central District Court Criminal Division 18 handed down suspended prison sentences to executives of the four companies?Binggrae, Lotte Foods, Lotte Confectionery, and Haitai Confectionery & Foods?who were indicted for violating the Fair Trade Act. Binggrae was fined 200 million won.
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