Maeil Dairy received the highest grade in the Fair Trade Commission’s 2021 Fair Trade Agreement evaluation in the agency sector.
As a result of the 2021 agency agreement evaluation conducted by the Fair Trade Commission for 10 companies, one Maeil Dairy Company received the highest grade, one CJ CheilJedang received the best grade, and three E-Land World, Orion, and Namyang Dairy received the good grade.
Maeil Dairies was evaluated for establishing fairness in contracts by establishing and complying with detailed standards and procedures for the amount received and paid by agencies and contract termination as internal regulations.
CJ CheilJedang is operating a win-win support program, such as 50% of the purchase cost of a refrigerator (2.36 billion won), college tuition for the children of agency employees (130 million won), and emergency support for the number of elements (3 million won).
As a result of this evaluation, the FTC provides incentives for ex officio investigation for two years, corporate/individual chairman commendation for the best company, ex officio investigation for excellent results for one year, corporate chairman commendation, and good corporate chairman commendation.
The Fair Trade Commission is planning to hold a briefing session within the year to encourage the signing of the agreement for suppliers who participate in the written investigation of agency transactions to activate the agency agreement.
In addition, we plan to actively publicize the best practices of win-win cooperation with excellent evaluation companies as best practices for fair trade agreements and include them in the best practices book.
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