The level of fines received for 12 years of supply collusion

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(1)The Fair Trade Commission is responsible for the regulation of monopoly and fair trade
(2)To the Duck Association for violating the law
(3)Today, the 22nd announced that it will impose a fine of 93 million won along with a corrective order
(4)According to the Fair Trade Commission, the Duck Association decided on the supply of duck every year from 2009 to 2021, operating a committee on the supply of duck under the leadership of the association
(5)A duck is a parent duck for breeding purposes for the production of edible duck
(6)Each duck can produce about 200 edible ducks If you control the supply of the duck
(7)You can effectively control the supply of edible ducks
(8)The Korea Raw Duck Company played a role in producing and supplying seed ducks to operators according to the supply amount determined by the association
(9)The Korea Raw Duck Company is a key source of seed ducks, accounting for 98 market share as of 2021, and was established in 2007 by the Korea Duck Association

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(1)The Duck Association is increasing the supply of fresh duck meat to the market
(2)If a sharp drop is expected, operators have cut their applications for seedlings up to 442012
(3)On the contrary, if the demand for seedlings was insufficient, the seedlings were forcibly distributed to businesses that did not apply
(4)An official from the Fair Trade Commission said, “As the Duck Association determined the supply amount of fresh duck meat to reach about 98 in the domestic market, free competition among the constituents was blocked and the price and supply of fresh duck meat were limited.”
(5)”We will continue to strengthen monitoring of collusion and prohibition of business organizations that can increase the burden on people’s livelihoods regarding food basket items,” he said, adding that he plans to take strict measures in case of law violations
(6)93 million won

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