Seoul, June 23 (IANS) South Korea’s fair trade watchdog on Tuesday approved voluntary corrective measures worth 3 billion won ($1.94 million) proposed by Coupang and its private-label affiliate over unfair dealings with subcontractors.The decision by the Fair Trade Commission (FTC) came after the watchdog’s probe found that Coupang and its wholly owned subsidiary, Coupang Private Label Brands (CPLB), had sought a consent decree to resolve the case without further legal proceedings.According to t…
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Seoul, Dec 22 (IANS) The antitrust regulator said on Monday it has instructed the country’s flag carrier Korean Air to revise its mileage integration plan as part of its merger with Asiana Airlines.Korean Air has been notified to submit a more detailed plan within one month, including measures for the use of bonus seats and seat upgrade services, according to the Fair Trade Commission (FTC), reports Yonhap news agency.Under the plan approved in September, Asiana customers will be able to use the…