Republic of Korea: Implemented amendments to the Fair Transactions in Large-scale Retail Business Act (Bill No. 2123298)
Description
Implemented 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 …
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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2023-04-06
under deliberation
2023-07-18
adopted