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EUROPOLITICS / External policies

EU/South Korea

Seoul fines Philips for ignoring EU FTA

By Sébastien Falletti in Seoul | Monday 25 June 2012

South Korea’s anti-trust authorities imposed a fine of US$1.3 million on the European electronics giant Philips, on 24 June, for blocking price cuts following the entry into force of the EU-South Korea free trade agreement (FTA). This is the first...


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