[Bills in Focus] Broader offshore financial support, mobility regulatory sandbox
PoliticsNov 6, 2023
Proposed bill: Partial Amendment to the Fair Transactions in Franchise Business Act Proposed by Rep. Yu Eui-dong (People Power Party) ● Under the current act, franchisers can designate goods or services vital for trademark protection as “essential items” and require their franchisees to trade these items with particular trading partners. However, a growing number of disputes have arisen between franchisers and franchisees due to excessive designation of essential items and price hike