Republic of Korea: Amendments to the Fair Transactions in Large-scale Retail Business Act (Bill No. 2123298)

On 8 February 2024, the National Assembly of Korea implemented the amendments to the Fair Transactions in Large-scale Retail Business Act (Bill No. 2123298), six months after its promulgation on 8 August 2023. The Bill requires the appointment of a …

On 18 July 2023, the National Assembly of Korea adopted amendments to the Fair Transactions in Large-scale Retail Business Act (Bill No. 2123298). The Bill would require the appointment of a permanent member in the Dispute Resolution Council by the …

On 6 April 2023, Amendments to the Fair Transactions in Large-scale Retail Business Act, Bill No. 2123298, were introduced to the National Assembly of Korea. The Bill substitutes Bill No. 2118655 and Bill No. 2118352 by incorporating the proposed p…