FTC imposes W2 bil. penalty on BHC, BBQ for bullying franchisees
Posted : 2021-05-25 09:16 Updated : 2021-05-25 13:58 Genesis BBQ Chairman Yoon Hong-geun speaks during the company's 25th anniversary held at its research and development institute, Chicken University, in Icheon, Gyeonggi Province, in August 2020. Courtesy of Genesis BBQ By Kim Jae-heun The Fair Trade Commission has decided to punish BHC and BBQ for canceling their franchise contracts with restaurant owners who joined hands to deal with coercive and unfair demands made by the fried-chicken chains. The top watchdog said it will impose a 15.3 billion won penalty on Genesis BBQ and a 500 milli...
Source: koreatimes.co.kr