Republic of Korea: Amended Standards for Imposition of Penalty Surcharges on Businesses that Violate Act on Fair Labelling and Advertising

Progress

Current status
in consultation
14 Apr 2026 processing consultation
25 Mar 2026 in consultation

Scope

Implementers
Republic of Korea
Policy Area
Consumer protection
Policy Instrument
Consumer protection authority governance
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
competition authority
Implementation Level
national

Timeline of events

14 Apr 2026
processing consultation

Fair Trade Commission closes consultation on proposed amendment to standards for imposition of penalty surcharges on businesses that violate Act on Fair Labelling and Advertising

On 14 April 2026, the Fair Trade Commission (KFTC) closes the consultation on a proposed amendment to the notice on Detailed Standards for Imposition of Penalty Surcharges, etc. on Businesses that Violate the Act on Fair Labelling and Advertising. T…

Source
Event type order
Action type consultation closed
Government branch executive
Government body competition authority
25 Mar 2026
in consultation

Fair Trade Commission opened consultation on proposed amendment to standards for imposition of penalty surcharges on businesses that violate Act on Fair Labelling and Advertising

On 25 March 2026, the Fair Trade Commission (KFTC) opened a consultation on a proposed amendment to the notice on Detailed Standards for Imposition of Penalty Surcharges, etc. on Businesses that Violate the Act on Fair Labelling and Advertising, unt…

Source
Event type order
Action type consultation opened
Government branch executive
Government body competition authority