Watchdog to fine Celltrion 630m over unfair subcontracting practices
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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
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- https://www.koreaherald.com/article/10919130
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- 29/10/2026 04:59 UTC
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- 29/10/2026 05:10 UTC
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