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Gore-Tex Fined Over 3 Billion Won for Unfair Business Practices

Gore-Tex Fined Over 3 Billion Won for Unfair Business Practices

SEJONG, Aug. 28 (Korea Bizwire) — The Fair Trade Commission (FTC) announced on Sunday that it will punish windproof and waterproof fabrics company Gore-Tex with a 3.673 billion won fine for its role in artificially keeping the prices of its fabrics high. According to the FTC, from March 2009 until December 2012, the company crafted [...]