YKK Faces Antitrust Warning for Undercutting Subcontractors

Japanese zipper manufacturer YKK has received a warning from the Japan Fair Trade Commission for engaging in 'buying down' practices, where they contracted work at unfairly low prices. As a result, YKK is required to pay a difference of 26 million yen, highlighting the importance of ethical business practices and fair treatment of subcontractors in supply chains.