“On behalf of my clients, I submitted a complaint to the Fair Trade Commission against SM Entertainment yesterday,” Atty. Lee Jae-hak from the Seoul-based law firm Lin said in a press release.
The complaint addresses several issues including the agency’s policy of establishing the debut date as the starting point for exclusive contracts, which were signed prior to the debut itself. It also questioned the relatively long contract durations for SM artists compared with those managed by other K-pop agencies.
“If the minimum number of albums is not released, the contract period automatically extends until the requirement is met, and there is no specified upper limit on the duration,” they said. “This is clearly a slave contract.” “After careful consideration, we decided to provide the copies on the condition that the three and their agents do not use them for any unfair purpose other than checking the content,” the company said. “We also explained this situation to other EXO members and asked for their consent or understanding.”SM, however, refused to accept the trio’s demands for the termination of their contacts.
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