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FTC Forces Publishers to Stop Unfair Practice of “Outright Purchase” on Authors

FTC Forces Publishers to Stop Unfair Practice of “Outright Purchase” on Authors

SEOUL, Aug. 29 (Korea Bizwire) — From now on, book publishers will need explicit permissions from the authors for all creative works including children’s storybooks when they use the contents for secondary purposes. The Fair Trade Commission said on August 28 that it has ordered Korea’s top-20 publishing houses to improve their terms and conditions with authors including [...]