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Republic of Korea: Introduced Act on Fair Intermediate Transactions on Online Platforms (Bill no. 2107743)

Policy overview

Description

Introduced Act on Fair Intermediate Transactions on Online Platforms (Bill no. 2107743)

On 28 January 2021, the Act on Fair Intermediate Transactions on Online Platforms (Bill no. 2107743) was introduced in the National Assembly of South Korea. The Bill addresses unfair trade practices against online platform users and includes obligat…

Scope

Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2020-09-28
in consultation

On 28 September 2020, the Fair Trade Commission issued a legislative notice and opened a public con…

2020-11-09
processing consultation

On 9 November 2020, the public consultation closed on the Fair Trade Commission draft Act on Fair I…

2021-01-28
under deliberation

On 28 January 2021, the Act on Fair Intermediate Transactions on Online Platforms (Bill no. 2107743…