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The transaction counterpart of discriminatory treatment could include not only a directcounterpart, but also an indirect counterpart who depended on the price or terms oftransaction of the direct counterpart. However, in the case, non-affiliated installmentfinancing companies could not be a counterpart of the discriminatory treatment since theyhad no trade relations with Hyundai-Kia Motors. Therefore, it was difficult to view thatHyundai-Kia Motors had discriminated in favor of Hyundai Capital against non-affiliatedinstallment financing companies.
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