South Korea's Fair Trade Commission has asked the Financial Services Commission to address 60 unfair contract clauses at banks and mutual savings banks, aiming to strengthen customer protections and enhance transparency in the financial sector.
#YonhapInfomax #FairTradeCommission #FinancialServicesCommission #UnfairTerms #Banks #CustomerRights #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87855

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 antitrust chief calls for inclusion of Coupang's search ranking manipulation in new online platform law, as scrutiny intensifies over telecoms' consumer practices and chaebol power abuse.
#YonhapInfomax #Coupang #OnlinePlatformAct #FairTradeCommission #SKTelecom #ChaebolAbuse #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87701

South Korea’s antitrust chief Joo Byung-ki signaled tougher penalties for repeated violations after Hyundai WIA faced renewed scrutiny over unfair subcontracting practices, with lawmakers citing significant losses for suppliers and ongoing investigations.
#YonhapInfomax #HyundaiWIA #FairTradeCommission #Subcontracting #Penalties #HyundaiMotorGroup #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87683

South Korea’s Fair Trade Commission is investigating SK Telecom and KT over allegations of deceptive movie ticket discounts, with Chairperson Joo Byung-ki citing excessive profits and ongoing fact-checking.
#YonhapInfomax #SKTelecom #KT #FairTradeCommission #MovieTicketDiscount #ExcessiveProfits #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87666

KFTC Chairman Joo Byung-ki pledged to prevent further shrinkflation cases like Kyochon Chicken, vowing stricter oversight as Kyochon reverses product weight cuts.
#YonhapInfomax #KFTC #Shrinkflation #KyochonFNB #ProductWeight #FairTradeCommission #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87645

Fair Trade Commission Chairperson Joo Byung-ki stressed the importance of activating the agency’s external contact reporting system, pledging to manage it so as not to hinder public opinion gathering, during a National Assembly audit on October 28.
#YonhapInfomax
#FairTradeCommission #JooByungKi #ExternalContactReporting #PublicOpinion #NationalAssembly
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87604

South Korea's Fair Trade Commission Chair Joo Byung-ki announced a probe into excessive franchise margin fees, signaling potential regulatory action amid ongoing legal disputes.
#YonhapInfomax #FairTradeCommission #JooByungKi #FranchiseMarginFees #LegalInvestigation #NationalAssemblyAudit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87601

South Korea's Fair Trade Commission Chair Joo Byung-ki said Coupang's search ranking manipulation is a key issue that must be addressed in the upcoming Online Platform Act, highlighting regulatory focus on platform transparency.
#YonhapInfomax
#Coupang #FairTradeCommission #OnlinePlatformAct #SearchRankingManipulation #Regulation
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87597

The Primary Dealer Council resumes its workshop in Jeju after a year-long hiatus, as ongoing antitrust probes keep some major securities firms absent from key government bond market discussions.
#YonhapInfomax #PrimaryDealerCouncil #GovernmentBondMarket #FairTradeCommission #Workshop #SecuritiesFirms #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87125

South Korea’s Fair Trade Commission has launched an on-site investigation into Myeongryundang over allegations the restaurant franchise operator provided illegal high-interest loans to its franchisees, following parliamentary scrutiny of its lending practices.
#YonhapInfomax
#FairTradeCommission #Myeongryundang #IllegalLending #Franchisees #InterestRates
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86786

Korean Air and Asiana Airlines have begun transferring 10 key air routes to rival carriers as part of antitrust remedies required for their merger, with further route reallocations set for next year.
#YonhapInfomax #KoreanAir #AsianaAirlines #FairTradeCommission #AirRouteTransfer #MergerRemedies #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86451

The Fair Trade Commission has launched an investigation into Seohee Construction over alleged unfair internal transactions with affiliate Apple ENC, focusing on possible undue support to the owner family.
#YonhapInfomax #FairTradeCommission #SeoheeConstruction #InternalTransactions #AppleENC #OwnerFamilySupport #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86326

South Korea’s Fair Trade Commission has ordered 20 major fitness chains to revise unfair contract terms, including bans on early termination and excessive refund penalties, strengthening consumer rights in the fitness industry.
#YonhapInfomax #FairTradeCommission #FitnessChains #ContractTerms #RefundPolicy #ConsumerRights #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86163

South Korea's Fair Trade Commission facilitated the payment of KRW 23.2 billion ($17 million) in overdue subcontract fees to 202 SMEs ahead of Chuseok, while 79 major firms advanced KRW 2.877 trillion ($2.1 billion) to 16,646 subcontractors, easing financial pressure on small businesses.
#YonhapInfomax #FairTradeCommission #SubcontractFees #Chuseok #SmallAndMediumEnterprises #OverduePayments #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86025

The Lee Jae-myung administration faces scrutiny as ministers address controversies from the previous government, with the Trade Minister defending nuclear and resource deals and the FTC Chair issuing a rare apology for past labor crackdowns.
#YonhapInfomax #LeeJaeMyungAdministration #TradeMinister #FairTradeCommission #CzechNuclearDeal #GreatWhaleDrilling #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85975

The Fair Trade Commission has launched on-site investigations into Emart and Lotte Mart over allegations of inflating agricultural product prices ahead of government discount events, potentially misleading consumers and violating fair advertising laws.
#YonhapInfomax #FairTradeCommission #Emart #LotteMart #PriceInflation #AgriculturalProducts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85911

South Korea’s top presidential aide has ordered urgent action to curb “shrinkflation” in the chicken industry, directing ministries to develop measures as some franchises reduce portions while keeping prices steady.
#YonhapInfomax #Shrinkflation #KangHoonSik #FairTradeCommission #FoodPrices #ChickenIndustry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85896

South Korea's Fair Trade Commission has launched on-site inspections of major flour producers, including Daehan Flour Mills and CJ CheilJedang, over alleged price-fixing, amid rising food prices and government scrutiny of potential collusion in the sector.
#YonhapInfomax
#FairTradeCommission #CJCheilJedang #PriceFixing #FlourProducers #Breadflation
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85848

South Korea’s Fair Trade Commission Chair Joo Byung-ki apologized for past sanctions against the Cargo Truckers’ Union, admitting the measures infringed on constitutional labor rights and pledging to prevent future violations.
#YonhapInfomax #FairTradeCommission #JooByungKi #CargoTruckersUnion #ConstitutionalRights #FairTradeAct #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85399