Watchdog to fine Celltrion $469,000 over unfair subcontracting practices
Source ↗
👁 2
💬 0
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 subcontractor. Of the total fine, 590 million won will be imposed for unfair order cancellations and 40 mil
Comments (0)