Tag: Franchisee Representation
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Franchise Industry Voices Concerns Over Upcoming Law Changes
As the countdown to the implementation of the revised Franchise Business Act approaches, the Korean Franchise Industry Association (KFIA) has raised significant concerns regarding the recent changes proposed in the law. With only six days remaining until the deadline for public feedback on the legislative draft, the association convened a press conference on October 8th…
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Franchise Association Calls for Comprehensive Overhaul of Franchise Business Law Amid Concerns of Representation
On October 8th, Na Myung-seok, the President of the Korea Franchise Industry Association, held a press conference at the association’s headquarters in Yeouido, Seoul, urging the Fair Trade Commission (FTC) to comprehensively revise the proposed amendments to the Franchise Business Act. The association’s call for reform comes in light of the new provisions regarding the…