Brief: NGK Spark Plug to be fine about 72 mln yen by Korea Fair Trade Commission

Niterra Co

16/01/2017 06:19

Jan 16 (Reuters) - NGK Spark Plug Co Ltd  5334.T : 
     
    * Says Korea Fair Trade Commission ("KFTC") announced its 
decision to impose remedies and fines of 741 million Korean Won 
(about 72 million yen) against the co for agreeing in advance on 
prices and successful bidders in bids for automotive oxygen 
sensors 
    * Says it has not received a formal and final notification 
from KFTC at this moment 
 
     
    Source text in Japanese: https://goo.gl/rTeJzS 
    Further company Coverage:  5334.T  
 
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