Fair Trade Commission Conducts On-Site Investigation into Beverage Price Collusion by Coca-Cola, Lotte Chilsung, and Others
Evidence Found of Price Fixing to Raise Beverage Prices Through Collusion
The Fair Trade Commission has launched an investigation into allegations that beverage companies colluded to raise sales prices.
According to the industry on the 9th, the Fair Trade Commission reportedly sent investigators the day before to beverage companies such as Korea Coca-Cola, Lotte Chilsung, and Dongseo Beverage to secure data related to beverage sales.
![[Image source=Yonhap News]](http://www.asiae.co.kr/news/img_view.htm?img=2023070514251087477_1688534711.jpg)
The Fair Trade Commission is known to have detected signs that dominant players in the domestic beverage market raised beverage prices through collusion and has initiated an investigation.
Hot Picks Today
At President Lee's Call to "Give Enough to Shock," Whistleblower Rewards Become a Real Lottery
- If They Fail Next Year, Bonus Drops to 97 Million Won... A Closer Look at Samsung Electronics DS Division’s 600M vs 460M vs 160M Performance Bonuses
- Lived as Family for Over 30 Years... Daughter-in-Law Cast Aside After Husband's Death
- "If Both Spouses Work There, How Much Would They Make?" "They Earn More Than Me, and I'm a Doctor"... Envy Erupts Over Samsung Electronics' Bonus
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
Earlier, the Fair Trade Commission announced that it would monitor unfair practices such as collusion and resale price maintenance in sectors closely related to people's livelihoods, including food, daily necessities, and services, to stabilize prices.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
