Yonhap Infomax NewsSouth Korea's Fair Trade Commission has fined MegaMGC Coffee operator N House 2.29 billion won ($1.67 million) for unilaterally shifting mobile gift card fees to franchisees and forcing purchases of specific equipment, ordering corrective action to protect franchisees' rights.
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https://en.infomaxai.com/news/articleView.html?idxno=84341
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#KFTC #MegaMGCCoffee #Franchisees #GiftCardFees #CorrectiveOrder
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84341
KFTC Orders MegaMGC Coffee to Correct Practice of Shifting Gift Card Fees to Franchisees
South Korea's Fair Trade Commission has fined MegaMGC Coffee operator N House 2.29 billion won ($1.67 million) for unilaterally shifting mobile gift card fees to franchisees and forcing purchases of specific equipment, ordering corrective action to protect franchisees' rights.