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FTC criticized for failing to detect Market Kurly s unfair trade practices
Posted : 2021-04-29 09:16
Updated : 2021-04-29 09:17
Market Kurly Founder Sophie Kim, left, holds up a business agreement with CJ Logistics CEO Kang Sin-ho, on cooperation in the online grocer s delivery service, at CJ Logistics headquarters in Seoul, on April 27. Courtesy of CJ Logistics
By Kim Jae-heun
The Fair Trade Commission (FTC) is facing criticism for remaining silent amid allegations that fresh food delivery platform Market Kurly forced suppliers to offer discounts on their products.
The antitrust watchdog investigated Market Kurly s alleged abuses of power last December. However, the FTC was unable to prove the allegations leveled against the e-commerce firm and also remained silent about the issue.
by Bajan Reporter / March 16th, 2021
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