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Republic of Korea: Korea Fair Trade Commission's Investigation into Sacrastrada for Violation of e-Commerce Act

Progress

Current status
in force
23 Jan 2024 in force

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
consumer protection authority
Implementation Level
national

Timeline of events

23 Jan 2024
in force

Issued ruling in Korea Fair Trade Commission Investigation on Sacrastrada

On 23 January 2024, the Korea Fair Trade Commission (KFTC) imposed corrective measures and penalties against Sacrastrada, an online shopping mall, for violating the e-Commerce Act. The KFTC found that Sacrastrada failed to properly display the iden…

Source
Event type investigation
Action type ruling
Government branch executive
Government body consumer protection authority

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