Yonhap Infomax NewsDec 22
Dongwon F&B Co. has been sanctioned by South Korea's Fair Trade Commission for imposing unfair damage compensation clauses on distributors, requiring full reimbursement for equipment loss or damage regardless of depreciation, with the company revising its contracts following the investigation.
#YonhapInfomax #DongwonFB #FairTradeCommission #DistributorContracts #DamageCompensation #AntitrustLaw #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96617
Yonhap Infomax NewsSep 24
South Korea’s Fair Trade Commission has launched an on-site investigation into SPC Samlip over allegations of unilaterally changing distributor contract terms, potentially violating the Franchise Act.
#YonhapInfomax
#KFTC #SPCSamlip #FranchiseAct #DistributorContracts #SalesIncentives
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83280
KFTC Conducts On-Site Probe Into SPC Samlip Over Alleged Franchise Act Violations

South Korea’s Fair Trade Commission has launched an on-site investigation into SPC Samlip over allegations of unilaterally changing distributor contract terms, potentially violating the Franchise Act.

Yonhap Infomax