#Enex

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Legal gavel and apartment model representing furniture collusion fine

South Korea FTC Slaps $17.4 Million Fine for Furniture Bid-Rigging Scheme

The South Korean FTC has fined 48 furniture firms $17.4M for a decade-long bid-rigging scheme. Enex and Hanssem face significant penalties for colluding on 240 bids.

Dec 29, 2025