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Seoul Seeks to Protect Franchise Owners With Tougher Disclosure Rules

Seoul Seeks to Protect Franchise Owners With Tougher Disclosure Rules

SEOUL, Jan. 28 (Korea Bizwire) — South Korea’s antitrust regulator is moving to tighten disclosure rules for franchise operators, requiring them to provide prospective store owners with clearer and more detailed information about business risks before contracts are signed. The Fair Trade Commission said Wednesday that it has begun the legislative and administrative process to revise [...]