South Korea’s Fair Trade Commission is investigating Myeongnyundang, operator of Myeongnyun Jinsagalbi, over allegations of illegal high-interest lending to franchisees, with lawmakers warning of potential industry-wide impact if unchecked.
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https://en.infomaxai.com/news/articleView.html?idxno=85372
#YonhapInfomax #FairTradeCommission #Myeongnyundang #IllegalLending #FranchiseBusinessAct #HighInterestRates #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85372
Joo Byung-ki Says Fair Trade Commission Probing Alleged Illegal Lending by Myeongnyundang, Operator of Myeongnyun Jinsagalbi
South Korea’s Fair Trade Commission is investigating Myeongnyundang, operator of Myeongnyun Jinsagalbi, over allegations of illegal high-interest lending to franchisees, with lawmakers warning of potential industry-wide impact if unchecked.