Dunlop Sports Korea (‘Dunlop’), an exclusive importer and distributor of products used in golf and tennis, was fined by the South Korea’s Fair Trade Commission (‘KFTC’) to the tune of $1.29 Million (USD) for engaging in illegal practices, like unlawfully enforcing resale price maintenance, which restricted competition in the retail market. It was noted that Dunlop implemented minimum prices for its products and retailers who disregarded these pricing policies were faced with penalties such as supply restrictions and termination of agreements.
