This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

South Korean wedding planning agencies advised to revise unfair terms and conditions

( November 12, 2024, 02:13 GMT | Official Statement) -- MLex Summary: South Korean wedding planning agencies are recommended to revise their terms and conditions, which the country’s competition regulator found unclear and unfair. The Korea Fair Trade Commission found that terms and conditions by 18 wedding agencies often categorize basic services as extra optional ones, forcing customers to pay additional fees for what should be included. The pricing for these optional services and penalties are also vague and excessive penalties are imposed upon cancellation. The KFTC said that these terms place an undue burden on customers, making it difficult to compare prices across different agencies and ultimately putting in a weaker bargaining position. The statement, in Korean, is attached....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Documents

Related Sections