FTC probes 3 major sanitary pad manufacturers over possible price rigging

1 min
The antitrust watchdog has launched an investigation into three major manufacturers of sanitary pads, industry sources said Wednesday, following remarks by President Lee Jae Myung over high prices. The Fair Trade Commission sent investigators to the headquarters of Yuhan-Kimberly, LG Unicharm and Cleanwrap starting Tuesday to examine their pricing practices, the sources said. During a policy briefing last week, Lee instructed officials to "look into the matter," saying sanitary pad prices in Korea are unusually high compared with those in other countries.

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