SOUTH KOREA: Hyundai Motor Group receives $6.3 million fine for abusing monopoly power
The Korea Herald reports that the Fair Trade Commission (FTC) said yesterday it has fined Hyundai Motor Group a total of 7.5 billion won ($6.26 million) for abuses of monopoly power. According to the FTC, Hyundai Motor Group abused its monopoly power to assist its sister finance company Hyundai Capital Services Inc.
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