South Korea's Fair Trade Commission has referred Gyesung Construction and its CEO to prosecutors for failing to pay subcontract fees, signaling tougher enforcement of antitrust rules.
#YonhapInfomax #FairTradeCommission #GyesungConstruction #SubcontractPayment #ProsecutionReferral #CorrectiveOrder #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93290

Kumho Tire Co. has been ordered by South Korea's Fair Trade Commission to rectify unfair practices after requiring dealerships to submit sensitive sales data and excessive collateral, violating the Agency Business Act.
#YonhapInfomax #KumhoTire #FairTradeCommission #AgencyBusinessAct #SalesData #CorrectiveOrder #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=92558

South Korea’s Fair Trade Commission has filed a criminal complaint against Aekyung Industrial and SK Chemicals for failing to promptly disclose a corrective order over toxic humidifier disinfectant labeling, highlighting regulatory enforcement in the consumer safety sector.
#YonhapInfomax #FairTradeCommission #AekyungIndustrial #SKChemicals #HumidifierDisinfectant #CorrectiveOrder #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87789

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.
#YonhapInfomax
#KFTC #MegaMGCCoffee #Franchisees #GiftCardFees #CorrectiveOrder
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84341

South Korea's Fair Trade Commission has ordered Puradak and 60Gye chicken franchises to halt practices forcing franchisees to buy receipt paper and promotional materials exclusively from headquarters, citing violations of the Fair Transactions in Franchise Business Act.
#YonhapInfomax
#KFTC #Puradak #60Gye #FranchiseLaw #CorrectiveOrder
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65538

South Korea's Fair Trade Commission fines Meta Platforms and orders corrective measures for inadequate consumer protection on its social media platforms
#YonhapInfomax #FairTradeCommission #MetaPlatforms #ConsumerProtection #ECommerceAct #CorrectiveOrder #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61502

Fair Trade Commission orders Yeongwha Tech to correct Subcontracting Act violations, including failure to issue written documents and unilateral order cancellation in inverter manufacturing outsourcing
#YonhapInfomax #FairTradeCommission #YeongwhaTech #SubcontractingAct #CorrectiveOrder #InverterManufacturing #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60679

FTC to file criminal complaint against Eugene Construction Industry for non-payment of subcontract fees, highlighting enforcement actions against non-compliant businesses
#YonhapInfomax #FairTradeCommission #EugeneConstructionIndustry #SubcontractFees #CriminalComplaint #CorrectiveOrder #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=60098

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
#YonhapInfomax #FairTradeCommission #HankookTire #CorrectiveOrder #DealerRelations #UnfairTradePractices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=58923