Yonhap Infomax NewsSouth Korea's Fair Trade Commission fined Kosdaq-listed Webzen 5 million won for selling new game characters while concealing confirmed plans to shut down services, violating consumer protection laws by misleading users into purchases under false pretenses of continued operations.
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#YonhapInfomax #Webzen #FairTradeCommission #GameShutdown #ConsumerProtection #ElectronicCommerceAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=108239
Webzen Sanctioned by Regulator for Selling New Characters While Hiding Game Shutdown Decision
South Korea's Fair Trade Commission fined Kosdaq-listed Webzen 5 million won for selling new game characters while concealing confirmed plans to shut down services, violating consumer protection laws by misleading users into purchases under false pretenses of continued operations.