Most Popular
-
1
1 in 3 Koreans live alone, family types becoming diverse
-
2
Korea, Japan finance chiefs vow to tame rampant FX market volatility
-
3
US 'incredibly concerned' about suspected NK-Iran military ties
-
4
K-pop group's manager dismissed for setting up spycam in theater dressing room
-
5
K-pop singer lost consciousness after being hit by foul ball, cancels show
-
6
Korean Muslim YouTuber's plan to build mosque in Incheon goes viral
-
7
Contentious grain bill put directly to plenary meeting for vote
-
8
Why is Apple Pay struggling to get purchase in Korea?
-
9
Yoon's office denies considering liberal figures for key posts
-
10
Seoul says Fu Bao loan 'not going to happen'
CJ CGV under investigation over giving chairman’s family unfair deals
By Choi He-sukPublished : Oct. 20, 2016 - 13:53
[THE INVESTOR] CJ CGV has come under investigation over allegations that the company gave unfair advantage to members of CJ Group Chairman Lee Jay-hyun.
The Seoul Central District Prosecutors’ Office revealed on Oct. 20 that it has begun investigations into CJ CGV following a report from the Fair Trade Commission.
The Seoul Central District Prosecutors’ Office revealed on Oct. 20 that it has begun investigations into CJ CGV following a report from the Fair Trade Commission.
The antitrust watchdog said it has found that JS Communications, an ad unit 100 percent owned by the CJ's younger brother Lee Jay-hwan, has enjoyed unfairly exclusive rights to handle CJ CGV’s ad sales since its establishment in 2005.
The FTC said that JS Communications was contracted to produce adverts for the cinema chain between 2005 and 2011, and that the fee paid to the company was about 25 percent higher than that paid to the previous contractor.
By Choi He-suk (cheesuk@heraldcorp.com)
![[KH Explains] Hyundai's full hybrid edge to pay off amid slow transition to pure EVs](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/04/18/20240418050645_0.jpg&u=20240418181020)
![[Today’s K-pop] Zico drops snippet of collaboration with Jennie](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=642&simg=/content/image/2024/04/18/20240418050702_0.jpg&u=)