Prices for a box of eggs, which had risen to 8,588 won, are under scrutiny as suspicions of collusion by the egg producers' association come to the forefront.

(Sejong=Yonhap News) Reporter Lee Se-won = The Korean Egg Farmers' Association is facing scrutiny from the Fair Trade Commission on suspicion of manipulating egg prices. President Lee Jae-myung has called for strict measures, suggesting that the rise in food prices could be due to collusion, and attention is being paid to the full committee's judgment. According to industry sources on the 5th, the Fair Trade Commission examiners submitted a review report to the recent full committee and also to the association, stating that the Korean Egg Farmers' Association, which has long been suspected of inflating egg prices, engaged in price collusion and requesting corrective orders and fines. The Fair Trade Commission examiners concluded that the association had effectively determined egg prices and induced price increases while restricting competition from around 2023 until last year. According to the National Data Center (formerly the Statistics Korea) consumer price index survey ...