Source: The Korea Bizwire

Costco: Costco Korea Penalized for Requiring In-Store Visits to Cancel Premium Memberships

SEOUL, March 25 (Korea Bizwire) - South Korea's Fair Trade Commission (FTC) has issued a warning to Costco Korea for violating e-commerce laws by requiring customers to visit physical stores to cancel certain membership types while allowing online sign-ups. The regulatory action, announced on March 24, specifically targeted Costco's policy regarding its Executive memberships, which [...]The post Costco Korea Penalized for Requiring In-Store Visits to Cancel Premium Memberships appeared first on Be Korea-savvy.

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Annual Revenue
$100-1000B
Employees
100K-9.9M
Ron Vachris's photo - CEO of Costco

CEO

Ron Vachris

CEO Approval Rating

100/100

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