DSME wins court battle against FTC on fines for underpayment: court officials
Social affairsDec 11, 2017
Daewoo Shipbuilding and Marine Engineering Co. has won a court battle against a corporate watchdog that levied tens of billions of won in fines for underpaying subcontractors, court officials said Monday.The Supreme Court ruled in favor of the DSME on Thursday in the suit filed by the shipbuilder against the Fair Trade Commission in 2013, upholding a ruling by the Seoul Appellate Court which nullified the fine, according to the officials.The FTC fined the shipbuilder 26.7 billion won ($24.4 mill