South Korea's Fair Trade Commission launches on-site inspection of Hanwha Ocean to investigate alleged unfair trade practices in supplying naval vessel equipment and parts to competitors, with investigators securing documents from the company's Seoul office.
#YonhapInfomax #HanwhaOcean #FairTradeCommission #NavalVesselParts #UnfairTradePractices #OnSiteInspection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=119398
South Korea's Antitrust Regulator Launches On-Site Inspection of Hanwha Ocean Over Alleged Unfair Trade Practices in Naval Vessel Parts
South Korea's Fair Trade Commission launches on-site inspection of Hanwha Ocean to investigate alleged unfair trade practices in supplying naval vessel equipment and parts to competitors, with investigators securing documents from the company's Seoul office.
President Lee Jae-myung questions whether 970 million won fine imposed on Sinjeon Food System for forcing franchisees to purchase 6.46 billion won worth of products is adequate, calling for maximum legal penalties against unfair business practices at Cabinet meeting
#YonhapInfomax #PresidentLeeJaemyung #FairTradeCommission #SinjeonFoodSystem #FranchiseAbuse #UnfairTradePractices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=111667
President Lee Questions Franchise Abuse Fine Amount - 'Not Particularly Large'
President Lee Jae-myung questions whether 970 million won fine imposed on Sinjeon Food System for forcing franchisees to purchase 6.46 billion won worth of products is adequate, calling for maximum legal penalties against unfair business practices at Cabinet meeting
South Korea's Presidential Office pledges active consultations with the U.S. to ensure fair treatment following the Trump administration's launch of Section 301 trade investigation targeting 16 economies including Korea, China, and EU for alleged overcapacity and unfair trade practices.
#YonhapInfomax #Section301Investigation #PresidentialOffice #USTradePolicy #KoreaUSTariffs #UnfairTradePractices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=109457South Korea's Fair Trade Commission opens new Gyeongin Regional Office to handle surging complaints from Gyeonggi and Incheon regions, aiming to expedite case processing and enhance consumer protection amid explosive growth in platform economy cases
#YonhapInfomax #FairTradeCommission #GyeonginOffice #UnfairTradePractices #ComplaintOverload #MetropolitanArea #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=107751
Joo Byung-kee 'New Gyeongin Office to Ease Complaint Overload, Expedite Case Processing'
South Korea's Fair Trade Commission opens new Gyeongin Regional Office to handle surging complaints from Gyeonggi and Incheon regions, aiming to expedite case processing and enhance consumer protection amid explosive growth in platform economy cases
Franchisee satisfaction with suppliers in South Korea has declined for the fourth consecutive year, while reports of unfair trade practices have risen, according to a KFTC survey covering 21 industries and 50,000 franchisees.
#YonhapInfomax #KFTC #FranchiseeSatisfaction #UnfairTradePractices #SurveyData #SupplierSalesShare #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=96502
KFTC Reports Decline in Franchisee Satisfaction, Rise in Unfair Trade Practices
Franchisee satisfaction with suppliers in South Korea has declined for the fourth consecutive year, while reports of unfair trade practices have risen, according to a KFTC survey covering 21 industries and 50,000 franchisees.
South Korea's National Assembly has passed an amendment to the Subcontracting Act, enabling subcontractors to directly seek court injunctions against unfair trade practices, bypassing the Fair Trade Commission, with the new law set to take effect three months after promulgation.
#YonhapInfomax #SubcontractingAct #FairTradeCommission #Injunction #UnfairTradePractices #TechnologyMisappropriation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=78955
'Direct Court Injunctions Now Possible'—Amendment to Subcontracting Act Passes National Assembly
South Korea's National Assembly has passed an amendment to the Subcontracting Act, enabling subcontractors to directly seek court injunctions against unfair trade practices, bypassing the Fair Trade Commission, with the new law set to take effect three months after promulgation.
FTC Conducts On-Site Investigation of Coupang Over 'Wow Membership' Bundling Allegations
South Korea's Fair Trade Commission investigates Coupang for potential unfair trade practices related to its Wow Membership bundling, amid ongoing scrutiny of tech giants' market practices.
Fair Trade Commission Issues Corrective Order to Hankook Tire - 'Demanding Sales Amount Information, Restricting Suppliers'
South Korea's Fair Trade Commission orders Hankook Tire to correct practices of demanding sales data and restricting suppliers, citing unfair use of market position
FTC Imposes Fine and Files Criminal Complaint Against Daebang Construction for Public Land Resale
FTC fines and files criminal complaint against Daebang Construction for reselling public land to subsidiaries, citing unfair trade practices and abuse of public resources
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