CJ CheilJedang receives KFTC examiner's report on dominance abuse allegations

( October 5, 2016, 04:57 GMT | Insight) -- The Korea Fair Trade Commission has submitted its examiner's report to CJ CheilJedang regarding allegations it abused its market dominant position, which will be discussed at the commission’s standing committee hearing next month, Yonhap News reports.The Korea Fair Trade Commission has submitted its examiner's report to CJ CheilJedang regarding allegations it abused its market dominant position, which will be discussed at the commission’s standing committee hearing next month, Yonhap News reports. The company stands accused of forcing its online sales agents not to sell products at low prices. If the agents sold at cheap prices, the conglomerate stopped providing goods and forced them to provide written promises to comply with its pricing requirements. The commission will decide the severity of the sanctions it will impose on the company during the hearing next month, after the company provides its response to the examiner's report. ...