The Korea Fair Trade Commission sanctioned Sinjeon Foodsys for forcing franchisees to buy general goods not specified in disclosure documents.
A corrective order and a fine of 967 million KRW were imposed for restricting franchisee purchasing options.
The enforcement covers actions from March 2021 to December 2023, with ongoing regulatory oversight.
The Korea Fair Trade Commission has initiated a review of alleged price collusion among four starch sugar manufacturers.
This investigation could result in significant fines and corrective actions impacting the food and industrial sectors.
The review process began in March 2026, with final decisions expected after stakeholder submissions.
The Korea Fair Trade Commission has initiated a review of alleged wheat flour price collusion by seven major companies.
This investigation covers repeated price and volume agreements impacting 88% of the B2B wheat flour market.
The review process began in February 2026, with final decisions pending after defense procedures.
Korea’s Fair Trade Commission participated in major East Asia competition policy meetings in Tokyo.
The meetings focused on digital competition, sustainability, and regional cooperation.
Events took place from February 5 to 6, 2024, marking EATOP’s 20th anniversary.