Watchdog begins deliberations on Korean Air's alleged obstruction of probe
Korea's antitrust watchdog said Thursday it has begun deliberation proceedings on three cases involving Korean Air Lines Co., including the carrier's alleged obstruction of an investigation. The Fair Trade Commission (FTC) said its examiner recommended filing criminal complaints against Korean Air and three of its employees for allegedly obstructing an investigation linked to the carrier's…
The Fair Trade Commission (FTC) of South Korea has commenced deliberations on three cases involving Korean Air Lines Co. One of these cases pertains to Korean Air allegedly obstructing an investigation related to its acquisition of Asiana Airlines Inc. According to the FTC's examination report, three employees of the airline deleted work-related computer files and emails pertinent to the probe during a February inspection at their Seoul headquarters.
Under the Monopoly Regulation and Fair Trade Act, individuals who obstruct investigations may face penalties including imprisonment with labor for up to two years or a fine not exceeding 150 million won ($111,000). The other two cases involve requests by Korean Air and its subsidiaries to reduce seat capacity requirements following the merger.
Consequently, Korean Air is mandated by the FTC to maintain annual seat capacity on each of its 40 domestic routes.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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