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Underneath the Golden Boy - Robson Hall Faculty of Law

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392 <strong>Underneath</strong> <strong>the</strong> <strong>Golden</strong> <strong>Boy</strong><br />

unfairly restrict a franchisee’s dealings in commodities, services, or business<br />

activities, (iv) provide commodities, services, or assistance, unless <strong>the</strong>y have<br />

rightful cause not to do so, and (v) to obtain <strong>the</strong> franchisee’s prior consent prior<br />

to imposing monetary burdens on <strong>the</strong> franchisee. 180<br />

Currently, <strong>the</strong> Korea Fair Trade Commission (“KFTC”) is seeking to amend<br />

fair franchise transactions law to protect franchisees by making provisions <strong>of</strong> an<br />

Information Disclosure Statement mandatory and limiting unfair denial <strong>of</strong><br />

franchise contracts renewals. 181<br />

180<br />

Ibid.<br />

181<br />

Korea.net, “Enhancing Fairness in Franchise Transactions and Distribution Market,” online:<br />

News - Government Press Releases<br />

.

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