The Fair Trade Commission (FTC) announced that it has newly appointed lawyer Oh Gyu-seong (46) as a non-standing commissioner, effective the 24th. The appointment follows the expiration of former non-standing commissioner Lee Jeong-hui's te…
The Fair Trade Commission announced that it has newly appointed Nam Dong-il, Director of the Competition Policy Bureau (age 54), as its Secretary-General, and Yook Seong-gwon, Secretary-General (age 57), as head of the Investigation Managem…
Campsite platforms and operators are restricting or prohibiting one-night bookings and stays, leading to ongoing consumer complaints and inconvenience. In response, the government is stepping in to assess the situation and address unfair pr…
The Fair Trade Commission (FTC) said on the 13th that it has decided to issue a corrective order and provisionally impose a fine of 140 billion won (about $100 million) on Coupang and CPLB for violating the ban on customer inducement by dec…
Businesses that adopt and operate an excellent Compliance Program, CP will be able to receive up to a 20% reduction in penalty surcharges. The Fair Trade Commission announced that an amendment to the "Enforcement Decree of the Monopoly Regu…
