April 26, 2024
Mobile & Internet
FTC to check unfair software subcontracting
[THE INVESTOR] Korea‘s antitrust watchdog will probe unfair subcontracting practices in the local software industry next month, the nominee for its chief said on May 31.
Kim Sang-jo, who has been named chairman of the Fair Trade Commission, made the remark in a written report to Rep. Park Yong-jin of the ruling Democratic Party of Korea for a parliamentary confirmation hearing. The date for Kim’s hearing has yet to be fixed.
“The FTC will carry out a first-phase check on unfair subcontracting practices in the software sector in June,” Kim said.
“When I take office, an intensive inspection into such practices will be conducted in a phased manner this year as it was last year.”
By Alex Lee and newswires (alexlee@heraldcorp.com)
Kim Sang-jo, who has been named chairman of the Fair Trade Commission, made the remark in a written report to Rep. Park Yong-jin of the ruling Democratic Party of Korea for a parliamentary confirmation hearing. The date for Kim’s hearing has yet to be fixed.
“The FTC will carry out a first-phase check on unfair subcontracting practices in the software sector in June,” Kim said.
“When I take office, an intensive inspection into such practices will be conducted in a phased manner this year as it was last year.”
By Alex Lee and newswires (alexlee@heraldcorp.com)
