BUSINESS

[Monitor] Holding companies reap profits from brand use

By Korea Herald
  • Published : Nov 14, 2017 - 16:51
  • Updated : Nov 14, 2017 - 16:51

 



Profits gained by holding companies of conglomerates in South Korea from their affiliates for use of their brand names account for 15 percent of their total revenue, showed a survey by Chaebul.com.

The Fair Trade Commission is currently pushing to present a revision bill that would require holding companies to publicize the brand use fees.