In Korea, the price of bread is high because of the small domestic demand

(1)KBS News
(2)”I wondered why bread was expensive, but SPC collected 38 billion in taxes on flour, eggs, and jam.”
(3)2020729 – Process of SPC Samrip, a key subsidiary of SPC Group that dominates the baking market, distributing raw materials to baking affiliates SPC Samrip, which has a relatively large stake in the company

(1)KBS News
(2)We made an average profit of 9 by inserting SPC triples that we didn’t have
(3)From September 2013 to June 2018, baking affiliates purchased KRW 208.3 billion worth of flour made by Mildawon through SPC Samlip, and from 2015, they paid at least 3 to 44 tax on 7 products, including egg farm liquid egg, Greek beef, processed meat products, Honam Shani raw cream, jam snacks, snow ranch milk, sand farm sandwich, Hojinjiri mountain, and vegetable water

(1)a Korea NGO newspaper
(2)Why is Seoul bread more expensive than New York? SPC
(3)Roofe’s 80 Exclusive Sales Coverage
(4)202391 – A leading civic group official who asked not to be named points out that the reason why bread is the most expensive in the world is because the murder company SPC has a monopoly
(5)5 SPC Affiliates Share 83 “De facto Monopoly Structure” in Bread Manufacturing Market
(6)2022 1025 – Five SPC Group affiliates found to have a market share of over 80 in the bread manufacturing industry. In fact, the proprietary market structure is feared to result in monopoly and oligopoly
(7)SPC Group Bread Market 5 Exclusive Affiliates Occupied 83
(8)2022 1025 – Five affiliates, including Paris Croissant and SPC Samrip Shani, occupy 83 of the bread market, effectively monopolizing the Yangsan bread market sold at convenience stores or marts