News

Gore handed fine by South Korea’s FTC

31/08/2017

US functional materials developer W.L. Gore & Associates has been fined 3.67 billion won ($3.3 million) by South Korea’s Fair Trade Commission (FTC) for its role in keeping the prices of its Gore-Tex fabrics at an artificially high level. According to the FTC, between March 2009 and December 2012, the company put pressure on 29 outdoor clothing...

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