🇰🇷 South Korea 2d ago · yonhap@koreatimes.co.kr(KoreaTimes)

25 people indicted in $6.7 bil. starch sugar price-fixing case

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25 people indicted in $6.7 bil. starch sugar price-fixing case
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Prosecutors said Thursday they have indicted 25 people over an eight-year starch sugar collusion scheme worth more than 10 trillion won ($6.7 billion) that marks the country's largest food price-fixing case to date. A total of 21 employees and executives at three food companies — Daesang, Sajo CPK and CJ Cheiljedang — and four others, including the head of the Korea Corn Processing Industry Association, face charges of violating the fair trade law, according to the Seoul Central District Prosecu

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