Republic of Korea: Investigation into OTT providers for impeding cancellations
Progress
Current status
in force
14 Feb 2022 in force
Scope
Implementers
Republic of Korea
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Korean Fair Trade Commission fines OTT providers for impeding cancellations
On 14 February 2022, the Korean Fair Trade Commission fined Google, Netflix, KT, LG Uplus, and Content Wave a collective KRW 19.5 million (approx. USD 16'300). According to the authority, the Act on the Consumer Protection in Electronic Commerce sta…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
competition authority