Fair Trade Commission · Franchise
Past coverage from 0 countries · Last active May 10, 2026
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FTC begins sanctions against 'Myungnyun Dang' for high-interest loans to franchisees; plans recurrence prevention measures
- South Korea's Fair Trade Commission has initiated disciplinary proceedings against Myungnyun Dang, the operator of the Myungnyun Jinsa Galbi franchise, for alleged violations of the Franchise Act. - The company is accused of profiting by lending funds obtained at low interest rates from policy financial institutions to franchisees at high interest rates and imposing excessive store opening costs…
KFTC Initiates Action Against Myungryun Dang Over High-Interest Franchisee Loans
- South Korea's Fair Trade Commission (KFTC) has initiated disciplinary action against Myungryun Dang, the operator of the popular restaurant chain 'Myungryun Jinsagalbi'. - The company is accused of …