News

The duck industry in South Korea: A provisional fine of 6 billion won

Duck Meat
South Korea
Published Jun 9, 2022

Tridge summary

[Livestock Newspaper Reporter Seo Dong-hwi] Industry urges institutional reform to improve irrationality The Fair Trade Commission has decided to impose sanctions on the duck industry's supply-demand control business as an act of collusion. The duck industry is saddened, saying that even the supply-demand control business was considered illegal. On the 6th, the Fair Trade Commission imposed a correction order and a total fine of 6.12 billion won (provisional) against a total of 9 fresh duck meat manufacturers and sales companies, saying they had fixed the price and production volume of fresh duck meat. Chairman Kim Man-seop), he decided to impose a fine of 224 million won (provisional), saying that the association's members decided to limit the production of fresh duck meat. Following the ruling on the supply and demand control of the broiler and native chicken industries as collusion, the same charges were applied to the duck industry and sanctions were imposed. From April 12, 2012 to August 10, 2017, the Fair Trade Commission judged that nine duck affiliates had fixed the price and production of fresh duck meat 17 times in total. It is said that they agreed to limit the production of fresh duck meat by jointly raising the standard price of duck, which is the standard for the sale price of fresh duck meat, or reducing the production of fresh duck meat. In order to fundamentally limit the production of fresh duck meat, the Duck Association also decided to reduce the stocking of ducklings and ducklings five times from April 2012 to November 2016 for affiliated businesses and farms, or to discard egg eggs. It analyzed that it became a window for the prohibition of business groups under the Fair Trade Act. In response to the duck industry’s argument that the Fair Trade Act should not be applied because the agreement and decision to reduce fresh duck meat was an act in accordance with the government’s supply-demand control policy, the FTC issued an order for production adjustment and shipment control under the ‘Livestock Integration Project Act’ by the Ministry of Agriculture, Food and Rural Affairs. He said he never got off. In addition, despite the industry's claim that exceptions can be recognized under the Livestock Funding Act, the Fair Trade Commission denies that permitting collusion is not the purpose of the self-financing system.

Original content

[Reporter Donghwi Seo of Livestock Newspaper] Industry calls for institutional reform to improve irrationality The Fair Trade Commission also decided to impose sanctions on the duck industry as an act of collusion. The duck industry is saddened, saying that even the supply-demand control business was considered illegal. On the 6th, the Fair Trade Commission imposed a correction order and a total fine of 6.12 billion won (provisional) against a total of 9 fresh duck meat manufacturers and sales companies, saying they had fixed the price and production volume of fresh duck meat. Chairman Kim Man-seop), he decided to impose a fine of 224 million won (provisional), saying that the members of the association decided to limit the production of fresh duck meat. Following the decision by the Fair Trade Commission to control supply and demand in the breeder chicken industry in 2019, samgyeopsal in 2021, this year's broiler and native chicken industry as collusion, the same ...
Source: Chuksannews
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