Bakery giants still kept at bay from alley markets under new guidelines
Major bakery franchise companies in Korea are still barred from opening up in local alleys where they would compete with smaller bakery shops for another five years, under a new set of mutual agreements between major companies and small and medium-sized enterprises (SMEs) in the bakery industry, according to Korea Commission for Corporate Partnership, a private business arbitrator group, Friday.
Aug 2, 2024By Ko Dong-hwan