Latest Hyundai Livart Furniture News & Updates

Seoul, Dec 29 (IANS) The antitrust regulator said on Monday it has decided to fine 48 furniture manufacturers and suppliers for allegedly colluding in bids for built-in furniture ordered by construction companies.The companies will be fined a combined 25 billion won (US$17.4 million) for colluding to predetermine winning bidders or bid prices between September 2013 and May 2022, according to the Fair Trade Commission (FTC), reports Yonhap news agency.The FTC said the collusion was widespread, oc…