Republic of Korea: Amendments to Enforcement Decrees of the Act on Fair Labeling and Advertising
Progress
Current status
in force
02 Jan 2024 in force
26 Dec 2023 adopted
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
central government
competition authority
Implementation Level
national
Timeline of events
Implemented Amendments to Enforcement Decrees of the Act on Fair Labeling and Advertising
On 2 January 2024, the Fair Trade Commission (FTC)'s Amendments to Enforcement Decrees of the Act on Fair Labeling and Advertising were adopted with a presidential decree and came into effect. The amendment, following the recent amendment of the Act…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central government
Adopted Amendments to Enforcement Decrees of the Act on Fair Labeling and Advertising
On 26 December 2023, the South Korean Cabinet of Ministers adopted the Fair Trade Commission's (FTC) proposed Amendments to Enforcement Decrees of the Act on Fair Labeling and Advertising. The amendment, following the recent amendment of the Act, en…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
competition authority