South Korea's top five entertainment companies, including Hybe, have agreed to implement standard contracts and compliance measures after the KFTC confirmed violations of the Subcontracting Act, marking the first such consent decision in the sector.
#YonhapInfomax #Hybe #KoreaFairTradeCommission #SubcontractingAct #EntertainmentIndustry #ConsentDecision #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69041

South Korea's Fair Trade Commission will revise guidelines to require disclosure of unproven substances in disinfectants and paid endorsements, strengthening consumer protection against deceptive advertising.
#YonhapInfomax
#KoreaFairTradeCommission #ConsumerSafety #DeceptiveAdvertising #GuidelineRevision #DisinfectantDisclosure
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68318

The Korea Fair Trade Commission has returned Korean Air's proposed mileage integration plan with Asiana Airlines, citing insufficient consumer benefits and urging improvements to meet public expectations.
#YonhapInfomax #KoreaFairTradeCommission #KoreanAir #AsianaAirlines #MileageIntegration #ConsumerProtection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67246

The Korea Fair Trade Commission has launched a consent decision process for Hyosung and Hyosung Heavy Industries over alleged Subcontracting Act violations, with the companies proposing a 3 billion won ($2.2 million) support plan to improve supplier relations and compliance.
#YonhapInfomax #KoreaFairTradeCommission #Hyosung #SubcontractingAct #ConsentDecision #SupplierSupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65782

GC Genome’s IPO faces ongoing regulatory risks over internal transactions, as South Korea’s antitrust watchdog intensifies scrutiny of the biotech sector.
#YonhapInfomax #GCGenome #InternalTransactions #IPO #KoreaFairTradeCommission #RegulatoryRisk #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65340