SK Energy, HD Hyundai Oilbank face alleged price collusion fines

South Korea’s Fair Trade Commission (FTC) has begun sanction proceedings against SK Energy and HD Hyundai Oilbank over alleged price collusion, according to the commission. The FTC accuses the two refiners of exchanging information on gasoline, diesel fuel and kerosene prices for four years, and of agreeing twice in March this year on the…

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