FTC Corrects Unfair Terms of Use for Car Leasing

SEOUL, May 14 (Korea Bizwire) — As car leasing grows in popularity in Korea, Korea’s fair trade authority announced that it has corrected several unfair practices in use by leasing firms, including the shifting of registration and acquisition taxes to customers. The Fair Trade Commission (FTC) exposed the unfair practices that burdened customers with unwarranted taxes. [...]