SOUTH KOREA and JAPANCARTEL OF TUBE GLASS MAKERS FINED

摘要

South Korea's antitrust watchdog has fined four South Korean and Japanesemanufacturers of CRT (cathode-ray tube) glass a combined KRW 54.5 billion (USD 47.5 million) for colluding to fix prices.Samsung Corning Precision Materials Co. received the largest fine of KRW 32.4 billion, with Hankook Electric Glass Co., the local subsidiary of Japan's Asahi Glass Co. being fined KRW 18.3 billion.