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KFTC solicits comment on draft of revised RPM guidelines

By Danbee Lee ( May 24, 2016, 06:07 GMT | Insight) -- ​The Korea Fair Trade Commission has begun soliciting public comment on its draft of revised guidelines on resale purchase maintenance, it is understood. South Korea's current RPM guidelines stipulate that minimum RPM is illegal regardless of whether it contributes to increased consumer welfare. However, the KFTC has decided to amend this, mainly because the country's Supreme Court has consistently ruled that minimum RPM is permissible if there are valid reasons for it.The Korea Fair Trade Commission, or KFTC, has begun soliciting public comment on its draft of revised guidelines on resale purchase maintenance, or RPM, it is understood....

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