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#UnfairSupport

South Korea's Fair Trade Commission is considering sanctions against Taekwang Group over allegations of unfair internal transactions benefiting the owner family, with fines under review following claims of improper support to affiliates owned by relatives of former Chairman Lee Ho-jin.
#YonhapInfomax #TaekwangGroup #KoreaFairTradeCommission #UnfairSupport #OwnerFamily #Sanctions #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99948

The Fair Trade Commission uncovered four cases of unfair intra-group transactions in 2024, imposing 93.5 billion won ($72.2 million) in fines and referring three companies to prosecutors, with a focus on improper support among affiliates in public land development and financial transactions.
#YonhapInfomax #FairTradeCommission #UnfairSupport #IntraGroupTransactions #Fines #ProsecutionReferral #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97848

South Korea’s Fair Trade Commission fined Woomi Group 48.37 billion won ($35.7 million) for unfairly awarding contracts to affiliates owned by the founder’s family, highlighting ongoing scrutiny of chaebol practices.
#YonhapInfomax #WoomiGroup #FairTradeCommission #UnfairSupport #Chaebol #ConstructionContracts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91142

South Korea’s Fair Trade Commission has launched an on-site investigation into Yujin Group, YTN’s largest shareholder, over allegations of unfair support to the owner family, including self-dealing and a 76 billion won ($55.3 million) debt guarantee.
#YonhapInfomax #FairTradeCommission #YujinGroup #YTN #UnfairSupport #DebtGuarantee #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80701

Joo Byung-ki, nominee for Fair Trade Commission chair, pledged strict enforcement against unfair intra-group support using derivatives, following CJ Group’s penalty for aiding affiliates via TRS contracts.
#YonhapInfomax #FairTradeCommission #CJGroup #Derivatives #TRSContracts #UnfairSupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80009

CJ Group was fined 6.54 billion won ($4.7 million) by South Korea’s Fair Trade Commission for using TRS contracts to unfairly support struggling affiliates, in a move regulators say undermined market competition.
#YonhapInfomax #CJGroup #FairTradeCommission #TRSContracts #UnfairSupport #PerpetualConvertibleBonds #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72327

South Korea's Fair Trade Commission has launched an on-site probe into KT Corp. and subsidiary Millie's Library over allegations of unfair support, focusing on whether KT acquired e-book subscriptions below market value for bundled mobile plans.
#YonhapInfomax #KFTC #KTCorp #MilliesLibrary #UnfairSupport #EBookSubscription #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68877

South Korea's Fair Trade Commission initiates sanctions against CJ and CGV for alleged unfair support to affiliates through Total Return Swap contracts, involving approximately 115 billion won.
#YonhapInfomax #FairTradeCommission #CJ #CJCGV #TotalReturnSwap #UnfairSupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=63047

Version: 2025.07