Republic of Korea: Fair Trade Commission investigation into JB International over alleged deceptive trade practices in used iPhone sales
Progress
Current status
in force
26 May 2026 in force
08 Dec 2025 under investigation
Scope
Implementers
Republic of Korea
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
platform intermediary: e-commerce
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Fair Trade Commission imposed fine of KRW 7 million against JB International over deceptive trade practices in used iPhone sales
On 26 May 2026, the Fair Trade Commission (FTC) imposed a fine of KRW 7 million against JB International for deceptive trade practices in used iPhone sales. The Commission found that the company operated the virtual marketplace U&i Phone, selling us…
Event type
investigation
Action type
ruling
Government branch
executive
Government body
competition authority
Fair Trade Commission issued temporary suspension order against JB International over alleged deceptive trade practices in used iPhone sales
On 8 December 2025, the Fair Trade Commission issued a temporary suspension order against JB International over alleged deceptive trade practices in used iPhone sales. The Commission ordered a temporary suspension of product sales and full blocking …
Event type
investigation
Action type
interim ruling
Government branch
executive
Government body
competition authority