U.S, Korea hold first round of KORUS consultations

The U.S. and Korea this week engaged in the first consultations under their free trade deal, with the U.S. demanding changes to the way the Korea Fair Trade Commission treats U.S. companies. The U.S. says the commission's rules deny U.S. companies due process when they bring challenges before the commission, which handles antitrust cases. The consultations, requested in March, involve Article 16.1.3 of the U.S.-Korea Free Trade Agreement, the Office of the U.S. Trade Representative noted in a statement on...