Lotte, Shinsegae sanctioned for deceptive labeling
May 13, 2012
Antitrust regulator slaps only 45 million won in fines on 9 online malls The Fair Trade Commission said Sunday that it has sanctioned some conglomerate-based online shopping malls for fabricating product labels in violation of laws on electronic commerce.They included the cyber shopping malls for the nation’s big three department stores ― Lotte (lotte.com), Hyundai and Shinsegae ― and four home-shopping operators ― GS, CJ, NS and Lotte (lotteimall.com).Two other players were the Interpark INT an