Foreign firms not subject to punishment even if abusing subcontractors: lawmaker

The Korea Times

Lean Left

Mixed Factuality

Corporation: Dongwha Enterprise

Foreign firms not subject to punishment even if abusing subcontractors: lawmaker

Nike and other foreign companies are easily able to evade the application of the fair trade law here even if they exploit their dominant position over domestic subcontractors by abusing them, which needs to be resolved, according to a lawmaker, Monday. Rep. Park Sung-joon of the Democratic Party of Korea (DPK) said the Fair Trade Commission (FTC) ended its review early this year over an accusation that Nike violated the Fair Transactions in Subc…