Hyundai Engineering & Construction and Samsung C&T were fined 5.56 billion won each, while Daelim Industrial and POSCO Engineering & Construction were slapped with a fine of 5.46 billion won and 5.25 billion won, respectively. SK Engineering & Construction was fined 3.97 billion won.
Others penalized include Hyundai Development, GS Engineering & Construction; and Daewoo Engineering and Construction.
In a meeting in April 2009, officials from eight of the construction firms allegedly colluded to fix prices in advance in order to share a 798.9-billion-won project to construct the subway line 3 in Daegu.
The FTC plans to send the case to the prosecution, officials said.
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