Shares of K-pop agencies, including Hybe (BTS' agency), SM Entertainment, and YG Entertainment, dipped briefly after South Korea's Fair Trade Commission launched an investigation into allegations of power abuse in the entertainment industry. The investigation is focused on violations of the nation's "subcontracting law," including the use of verbal contracts and delayed payment for album and merchandise production. While Hybe and SM Entertainment saw their shares fall, YG Entertainment initially experienced a smaller loss but later traded higher. The companies did not provide comments on the report.
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