Home Business Even the fabric of the army uniform… 370 million fines for 3 companies

Even the fabric of the army uniform… 370 million fines for 3 companies

by news dir

Three companies were caught colluding in the bidding for military uniform fabrics.

The Fair Trade Commission announced on the 20th that the Defense Acquisition Program Administration would impose a total of 370 million won in correction orders and fines on Aztec WBB, Kingtex, and Chaoyang imitation, which were collusive in the bid to purchase army uniforms conducted by the Defense Acquisition Program Administration in June 2018.

The fines for each company are 150 million won for Aztec, 128 million won for Kingtex, and 93 million won for Chaoyang imitation.

At that time, the Defense Acquisition Program Administration placed a bid to purchase fabrics for three items: winter uniform, summer uniform, and summer uniform top.

According to the Fair Trade Commission, the three companies agreed to win the bid for Aztec for Dong-bok, Kingtex for Ha-jeongbok, and Chaoyang-imitation for the top of the uniform, and set the bidding price for each item.

According to the Fair Trade Commission, bidding executives from the three companies met the day before the closing date to design a bid price that could increase profitability.

The three companies entered the bid as originally agreed, and the items agreed in advance by Aztec and Kingtex were won.

Chaoyang Imitation did not win the final bid as it received a low score on the operator’s competency evaluation during the bidding process.

The Fair Trade Commission said, “As the price of the main raw material for fabric rose in 2018, the three companies judged that the profitability of the bidding could fall.” said.

/yunhap news

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