South Korea cracks down on shipping cartel amid supply bottlenecks

South Korean antitrust authorities on Tuesday slapped 96.2 billion won ($81 million) in fines on 23 domestic and foreign shipping companies including Hyundai Merchant Marine and Taiwan's Evergreen Marine for price-fixing on multiple routes between South Korea and Southeast Asia over 15 years.

January 18, 2022

https://asia.nikkei.com/Business/Transportation/South-Korea-cracks-down-on-shipping-cartel-amid-supply-bottlenecks