[Asia Economy Reporter Moon Hyewon] The Fair Trade Commission is recently targeting luxury platforms embroiled in controversies over excessive return fees and price hikes.
According to industry sources on the 27th, the Fair Trade Commission recently sent investigators to the headquarters of the so-called 'Big 3' luxury platforms?Must It, Ballan, and Trenbe?to conduct on-site inspections.
The Fair Trade Commission is reportedly examining whether the luxury platform industry as a whole properly guarantees consumers' right to withdraw from contracts, lawfully notifies that the platform acts as an intermediary rather than the seller, and whether there are any issues with the review management system.
Previously, consumers raised concerns that the return fees imposed by luxury platforms on overseas shipped products were excessive.
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