The South Korean company, which is facing the largest share of the $75m in fines sought by the National Economic Prosecutor’s Office (FNE), argued in court papers that the FNE has erroneously interpreted its conduct as anti-competitive co-ordination with peers.
As TradeWinds has reported previously, the National Economic Prosecutor Felipe Irarrazabal accused six operators of taking part in a customer-allocation scheme, known in Japanese as “Shin Nansenkai”, in which they competed only for new business in the ro-ro trade between Asia and Chile.
