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Nearly Half of Seoul Franchise Brands Charged Supply Markups, Stirring Legal Uncertainty

Nearly Half of Seoul Franchise Brands Charged Supply Markups, Stirring Legal Uncertainty

SEOUL, Feb. 6 (Korea Bizwire) — A recent Supreme Court ruling that deemed undisclosed supply markups collected by franchisors as unlawful gains has sent tremors through South Korea’s franchise industry, where nearly half of Seoul-based brands were found to have imposed such fees. According to data released Friday by the Seoul Metropolitan Government, 47.9 percent of [...]