South Korea’s Fair Trade Commission reports improved subcontracting payment practices, but a rising share of suppliers face losses from technology theft, with over half taking no action.
#YonhapInfomax
#FairTradeCommission #Subcontracting #TechnologyTheft #PaymentPractices #SurveyData
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=96799

South Korea’s Fair Trade Commission has launched new measures to combat technology theft from SMEs, appointing 12 industry monitors and introducing a Korean-style discovery system to ease the burden of proof for victims.
#YonhapInfomax #FairTradeCommission #TechnologyTheft #SMEs #DiscoverySystem #LawEnforcement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89129

KFTC Chairman Joo Byung-ki has pledged to eradicate unfair practices such as technology theft from SMEs, vowing policy reforms to ensure fair transactions and prompt payments, while strengthening franchisee bargaining power and supporting affected businesses.
#YonhapInfomax #KFTC #JooByungKi #TechnologyTheft #SMEs #FairTradePractices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82322

South Korea will introduce a "Korean-style discovery system" to help SMEs prove technology theft, strengthen administrative investigations, and improve compensation, as part of new measures announced by the Ministry of SMEs and Startups and the Fair Trade Commission.
#YonhapInfomax
#TechnologyTheft #SMEs #DiscoverySystem #FairTradeCommission #Compensation
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=80953

South Korea's Fair Trade Commission outlined new measures to foster a fair platform ecosystem, focusing on technology theft prevention, franchisee protection, and consumer rights, as reported to the Presidential National Policy Planning Committee.
#YonhapInfomax #FairTradeCommission #PlatformEcosystem #TechnologyTheft #FranchiseeProtection #ConsumerRights #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68585

@HenrikBruunDK

One more article about Chinese espionage: https://www.cnbc.com/2023/06/21/inside-chinas-spy-war-on-american-corporations.html

#EUChinaRelations #USChinaRelations #EUChina #USChina #espionage #TechnologyTheft #Competition #WTO