Ju Biung-ghi, the chairman of the Fair Trade Commission, speaks during a meeting in Seoul on May 21. [YONHAP]
Korea's leading construction firms unveiled on Thursday a set of measures to seek shared growth with subcontractors, in line with the antitrust watchdog's efforts to eradicate unfair practices.
Ju Biung-ghi, the chairman of the Fair Trade Commission (FTC), held a meeting with representatives from the country's top 19 construction companies, during which they unveiled a shared growth agreement for subcontractors.
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During the event, the construction companies vowed to promptly adjust supply prices in emergency situations, such as the Middle East war.
