K mart Settles Import Quota Dispute: The...
From Times Staff and Wire Reports
K mart Settles Import Quota Dispute: The Troy, Mich.-based company has agreed to pay $6 million in import duties and penalties to settle a dispute with the Customs Service over textile import quotas. Customs had alleged that K mart and a subsidiary, K mart-Taiwan, manipulated prices of textiles imported from Taiwan and South Korea between 1982 and 1985 to evade quotas.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
