China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Standard Chartered Q1 Profit Hits Record on Wealth and Investment Banking Growth 
Starbucks Raises 2026 Outlook as Turnaround Strategy Boosts Sales and Earnings 
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
Google Secures Pentagon AI Deal for Classified Projects 
Apple Q2 2026 Earnings Surge as iPhone 17 Sales Drive Record Revenue 
Coles Group Q3 Sales Rise Driven by Supermarkets and E-Commerce Growth 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
The Korea Fair Trade Commission (KFTC) ordered over-the-top (OTT) services such a Netflix to inform customers in advance when their free trial ends and turns into a paid membership.
The country's top antitrust watchdog specifically mentioned Netflix in a meeting of the Consumer Policy Committee as among those who should not begin to charge membership fees without prior notification.
According to the Consumer Policy Committee, while Netflix and other players provide a convenient and economic option, potential customers' rights and interests are being violated through opaque practices.
The committee said there was a lack of explanation about the commencement of paid membership programs. Service fees are being increased occasionally without notice, and some even changed the membership program. Additionally, it is difficult to cancel the paid membership, and there were restrictions on refunds.
Netflix offers a one-month free trial to South Korean audiences but requires a payment method to complete registration. It then automatically charges 9,500 won to 14,500 won depending on the membership type after the trial period and the next month billing cycle commences.
The committee also urged the KFTC and the Ministry of Culture, Sports, and Tourism to revise e-commerce laws and guidelines to protect content users.
It also ordered mobile carriers to not impose penalties on customers changing mobile network service, manufacturers to correctly indicate the origin of products, and wireless earphone makers to standardize device performance measurements.
The committee also shared a new plan to strengthen the responsibility of platform operators to promote the creation of a reliable trading environment.
