FTC Responds to Criticism over Foreign Automakers' Allegedly Discriminatory Practices

Write : 2018-08-22 09:02:41 Update : 2018-08-22 09:06:10

FTC Responds to Criticism over Foreign Automakers' Allegedly Discriminatory Practices

The head of the nation’s antitrust watchdog says he will look into suspicions that foreign automakers, including BMW, are discriminating against South Korean customers in compensating over car defects. 

Fair Trade Commission(FTC) Chairman Kim Sang-jo revealed his intention at a parliamentary hearing on Tuesday, when unaffiliated lawmaker Choung Tae-ok called for the government’s actions to address alleged discriminatory practices by foreign carmakers. 

Choung took BMW’s recent series of BMW cars’ catching fire in South Korea for instance, saying the German automaker decided to recall in the United States and the United Kingdom last year over similar issues, but it is only taking such step in South Korea this year. 

He also argued that Mercedes-Benz is not following through with its promise last year to recall problematic cars, citing a shortage of related components.

He added that Volkswagen only gave a voucher worth one million won to each South Korean customer over its emission rigging scandal while it compensated eleven times as much for U.S. consumers. 

The lawmaker then urged the FTC to launch a direct investigation into such practices. 

In response, FTC Chairman Kim said that he will carefully review the possibility of applying related laws over such issues. He said the Ministry of Land, Infrastructure and Transport will have to inspect such measures first, but added field inspection can be launched if necessary.

[Photo : YONHAP News]

  • RSS
  • Facebook
  • Twitter
  • print
  • list
  • Top
prev  prev  1 2 3 4 5 6 7 8 9 10 next
Internet Radio On-Air Window to KBS WORLD Radio Window to KOREA
2018 Inter-Korean Summit
North Korea Inside
청취자 만족도 조사 결과 -E
Let's Learn Korean (Mobile)
More Service
KBS World Radio On-Air
  • KBS World Radio On-Air
  • On-Air app is specifically designed for quick and easy access to audio services for KBS World Radio programs in 11 languages.


2 / 4