Four Hynix executives were recently sentenced in the United States to jail terms and fined $250,000 each for their roles in price-fixing of computer memory chips in the U.S. 1999-2002.
"Price-fixing is the No. 1 enemy that undermines market principles and this applies not only to local companies but to foreign ones in Korea," Huh said. "We will not tolerate any foreign company involved in such an unfair deal."
Read The Korea Times linked here.
Hat tip to FinzToRite for the link.
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