Republic of Korea: Fair Trade Commission investigation into Yanadu over alleged misleading advertising of scholarship programmes
Progress
Current status
in force
02 Jan 2026 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
platform intermediary: other
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Fair Trade Commission issued ruling with fine of KRW 5 million against Yanadu over misleading advertising of scholarship programmes
On 2 January 2026, the Korea Fair Trade Commission (KFTC) fined Yanadu KRW 5 million under the Act on Consumer Protection in Electronic Commerce (E-Commerce Act) for misleading advertising of scholarship programmes. Between December 2023 and May 202…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
competition authority