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.
Costco is a Washington-based multinational retail company that operates a chain of warehouses selling products such as groceries, clothing, furniture, and accessories.