Homeplus surrendered to suppliers of promotional expenses… FTC imposed a penalty of 468 million won

Input 2021.04.05 12:00

Homeplus, which paid sales promotion expenses (promotional expenses) to business partners, was sanctioned by the Fair Trade Commission.

The Fair Trade Commission announced on the 5th that it would impose a correction order and a penalty of 468 million won on Homeplus for violating the Large-scale Distribution Business Act. According to the Fair Trade Commission, Homeplus will run from January to December 2017. Lock and Lock (115390), Double drops (102280)It is suspected of improperly transferring about 720 million won of promotional expenses to a number of suppliers, such as.

Homeplus conducted 166 sales promotion events, including various discount events to revitalize sales, and did not sign a contract to bear the promotional cost in advance with the supplier. The Large-Scale Distribution Business Act regulates the unilateral transfer of promotional expenses to suppliers by large-scale retailers through pre-contracted contracts for paying promotional expenses.

Homeplus did not sign a contract to pay for promotional expenses until the 25th. In this process, Homeplus has charged 55 suppliers with a promotional fee of about 720 million won.

An official from the FTC said, “This is a case that once again rang an alarm in the distribution industry about the importance of written attention, which is one of the main characteristics of the Large Distribution Act.” “We plan to induce them to develop into a mutually complementary relationship.”