Republic of Korea: Korea Fair Trade Commission investigation into Cog Co. over alleged violations of the Electronic Commerce Act

Progress

Current status
in force
14 Apr 2025 in force

Scope

Implementers
Republic of Korea
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
software provider: app stores
software provider: other software
Government Branch
executive
Government Body
consumer protection authority
Implementation Level
national

Timeline of events

14 Apr 2025
in force

Korea Fair Trade Commission imposed corrective order and a fine on Cog Co. over violations of Electronic Commerce Act

On 14 April 2025, the Korea Fair Trade Commission (KFTC) imposed corrective measures and a fine of KRW 36 million on Cog Co. for violating the Electronic Commerce Act by misleading consumers regarding the probability-based item "Seal Release Scroll"…

Source
Event type investigation
Action type ruling
Government branch executive
Government body consumer protection authority