Republic of Korea: Amendments to Fair Transactions in Large-scale Retail Business Act
Progress
Current status
under deliberation
18 Oct 2024 under deliberation
Scope
Implementers
Republic of Korea
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
platform intermediary: user-generated content
platform intermediary: e-commerce
platform intermediary: other
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Announced amendments to Fair Transactions in Large-scale Retail Business Act
On 18 October 2024, the Korean Federal Trade Commission (FTC) announced Amendments to the Fair Transactions in Large-scale Retail Business Act to prevent the recurrence of non-settlement incidents and to restore fairness in the online intermediary m…
SourceEvent type
law
Action type
announcement
Government branch
executive
Government body
competition authority