Yonhap Infomax NewsSouth Korea's Fair Trade Commission fined Inpack Co., Ltd. and its affiliate Inpack EPM 96 million won ($70,000) for violating the Subcontracting Act by unjustifiably reducing payments to subcontractors and failing to issue required contracts.
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KFTC Fines Inpack and Affiliates for Unjustified Payment Reductions
South Korea's Fair Trade Commission fined Inpack Co., Ltd. and its affiliate Inpack EPM 96 million won ($70,000) for violating the Subcontracting Act by unjustifiably reducing payments to subcontractors and failing to issue required contracts.