POSCO, antitrust watchdog broaden partnership for shared growth

Category: Markets

Published: 2026-07-16T13:06:00.000Z

POSCO Group has expanded its shared growth initiatives by partnering with the Fair Trade Commission (FTC) to support its supply chain, including second and third-tier vendors. The agreement aims to improve payment terms, provide financial and technological support, and promote fair trade practices across approximately 5,300 partner companies. POSCO pledges to ensure prompt cash settlements and offer incentives to first-tier suppliers who extend shared growth benefits to lower-tier partners.

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