May 7th, 2012 at 5:20 pm » Comments (16)

Does anyone know if stopping retailers from offering discount prices is illegal anywhere else in the world? The U.S. outdoor brand that has dominated the South Korean market for years is at risk of losing its position after it was hit with a record fine. The nation’s antitrust watchdog hit The North Face Korea last week with a 5.2 billion won ($4.6 million) fine for compelling all 151 of its retailers here to charge 10 to 15 percent higher prices than for rival brands since 1997 to maintain the brand’s
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