Washington State sues 19 chicken producers over alleged price fixing

Oct 27, 2021 23:54 pm UTC| Law Economy Business

Washington states attorney general Bob Ferguson sued the top 19 US poultry companies, alleging that they conspired to fix chicken prices. Among the defendants were Tyson Foods, Sanderson Farms, Pilgrims Pride Corp., and...

Rolexes traded in S. Korea's online secondhand market raise tax avoidance, money laundering issues

Oct 27, 2021 23:54 pm UTC| Law Life Economy

An increasing number of South Koreans are putting luxury goods and gold bars up for sale in the online secondhand markets, raising issues on tax avoidance and money laundering. According to Rep. Park Hong-Keun of the...

US Attorneys General petition FDA to promptly set limits over heavy metals in baby food

Oct 26, 2021 22:39 pm UTC| Law Business Economy

Attorneys general from 23 states are urging the FDA to promptly set the limits against high levels of heavy metals, such as arsenic, lead, cadmium, and mercury, in baby food. The FDA has already announced a program to...

S. Korean regulator takes action against Nissan, Porsche over false emissions claims

Oct 24, 2021 23:47 pm UTC| Law Nature Economy

The Korea Fair Trade Commission (KFTC) has ordered Nissan Motor Corp., Porsche AG, and their local units Nissan Korea and Porsche Korea to correct falsified information over their diesel cars gas emissions. Nissan Korea...

Kellogg sued for alleged inaccurate claims on product's strawberry content

Oct 21, 2021 23:24 pm UTC| Law Business Economy

Kellogg has been sued for allegedly misleading consumers of its Frosted Strawberry Pop-Tarts as to the amount of strawberry filling in the product. According to plaintiff Anita Harris, who filed the lawsuit in the US...

S. Korea to protect virtual reality, augmented reality videos as intellectual property

Oct 20, 2021 23:54 pm UTC| Law Economy

South Koreas patent office announced that virtual reality and augmented reality videos eligible for registration as intellectual property thanks to a revision of related laws. The Korea Intellectual Property Office...

S. Korea’s major law firms reluctant in defending FSS against Woori chief

Oct 19, 2021 23:44 pm UTC| Law Economy

Sources say that major law firms have been reluctant to represent Financial Supervisory Service (FSS) against Woori Financial Group Chairman Son Tae-seung for fear of losing clients in the private sector, which pay...