YKK Receives Warning from Fair Trade Commission for Violating Old Downstream Law
On June 23, YKK announced that it received a warning from the Fair Trade Commission for violating the old downstream payment delay prevention law (downstream law). The company unilaterally set order prices below normal levels in transactions with downstream contractors, leading to 'price suppression' behavior against downstream parties. This incident has raised concerns about fair trade practices among businesses.
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Category
👔 Fashion
Source
WWD Japan



