
A Seoul court on Friday levied a fine of 120 million won (US$112,000) on a leading diary product maker for coercing small distributors into accepting unfair business deals using its market dominance. Namyang Dairy Products Co. was found guilty of employing a series of unfair business practices such as forcing small retailers and distributors to accept more supplies thNamyang Dairy fined for unfair sales tactics an they needed, in breach of the Fair Trade Act.
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