The number of multi-level marketing (MLM) companies has grown to 142 across the nation, with ten firms newly registered in the third quarter of the year.
   
The Fair Trade Commission said the ten new pyramid companies signed compensation agreements with the Mutual Aid Cooperative and Consumer Organization (MAC&CO) and the Korea Special Sales Financial Cooperative Association (KOSSA).
 
Consumers and marketers will be able to receive compensation if they suffer financial damages when doing business with companies.  
   
The trade watchdog warned consumers of dealing with three pyramid marketing firms—Monavie Korea, Joonggun Korea and Montessori International—whose agreements with the MAC&CO and KOSSA ended in the third quarter.