Republic of Korea: Standards for Imposing Surcharges
Progress
Current status
in force
30 Apr 2026 in force
28 Apr 2026 adopted
Scope
Implementers
Republic of Korea
Policy Area
Competition
Policy Instrument
Competition authority governance
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Standards for imposing surcharges enter into force
On 28 April 2026, the Fair Trade Commission adopted revised standards for imposing surcharges. The amended notice raises the minimum rates across all violation types under the Monopoly Regulation and Fair Trade Act. For unlawful concerted action, th…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
competition authority
Fair Trade Commission issued notice on detailed standards for imposing surcharges
On 28 April 2026, the Fair Trade Commission adopted the amended notice on detailed standards for imposing surcharges. The amended notice raises the imposition standard rate floors for all violation types under the Monopoly Regulation and Fair Trade …
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
competition authority