Republic of Korea: Bill amending Monopoly Regulation and Fair Trade Act to expand composition of Fair Trade Commission (No. 2214653)
Progress
Current status
adopted
23 Apr 2026 adopted
27 Nov 2025 under deliberation
Scope
Implementers
Republic of Korea
Policy Area
Competition
Policy Instrument
Competition authority governance
Regulated Economic Activity
cross-cutting
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
National Assembly adopted Bill amending Monopoly Regulation and Fair Trade Act (Bill No. 2214653) to expand composition of Fair Trade Commission
On 23 April 2026, the National Assembly adopted the Bill amending the Monopoly Regulation and Fair Trade Act (No. 2214653). The Bill targets the composition of the Korea Fair Trade Commission (KFTC), the authority responsible for enforcing Korean co…
Event type
law
Action type
adoption
Government branch
legislature
Government body
parliament
Bill amending Monopoly Regulation and Fair Trade Act (Bill No. 2214653) to expand composition of Fair Trade Commission was introduced to National Assembly
On 27 November 2025, Bill amending the Monopoly Regulation and Fair Trade Act (No. 2214653) was introduced to the National Assembly. The Bill targets the composition of the Korea Fair Trade Commission (KFTC), the authority responsible for enforcing …
Event type
law
Action type
introduction
Government branch
legislature
Government body
parliament