Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2021
Further antitrust fine
The Korean Fair Trade Commission imposed another fine of almost one billion won for an alleged violation of competition regulations.
2018
Affiliate-loss reporting violation
The Securities & Futures Commission fined Chilsung for allegedly presenting materially understated losses of an affiliate in its reporting.
2016
THAAD-related Chinese boycott
Chinese political and consumer backlash against Lotte after the THAAD site decision led to protests, boycotts and the eventual closure of Lotte Chilsung’s Chinese operations.
2015
Lotte family succession dispute
The public struggle between Shin Dong-joo and Shin Dong-bin over control of Lotte affected investor confidence and the market value of group affiliates including Lotte Chilsung.
2009
Beverage price-fixing penalty
The Korea Fair Trade Commission found that Chilsung and other beverage producers coordinated several price increases between February 2008 and February 2009 and fined Chilsung a reported 21.7 billion won.
2009
Retail price restriction case
Chilsung and other companies were found to have pressured retailers not to reduce prices, leading to a separate penalty.