Republic of Korea: Introduced Bill amending Game Industry Promotion Act including labelling and disclosure requirements (Bill no. 2120110)

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Description

Introduced Bill amending Game Industry Promotion Act including labelling and disclosure requirements (Bill no. 2120110)

On 20 February 2023, the Bill amending the Game Industry Promotion Act, including labelling and disclosure requirements (Bill no. 2120110), was introduced to the National Assembly. The Bill would introduce a new definition for probability items, encompassing in-game items whose specific types, effects, and performance are determined by chance factors. The game companies would be required to provide information regarding probability items, including disclosing the types of probability items available in the game, as well as providing detailed information on the probability of obtaining each type in a clear and understandable manner.

Original source

Scope

Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
software provider: other software
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2023-02-20
under deliberation

On 20 February 2023, the Bill amending the Game Industry Promotion Act, including labelling and dis…

2023-02-27
adopted

On 27 February 2023, the Bill amending the Game Industry Promotion Act, including labelling and dis…

2024-03-22
in force

On 22 March 2024, the law amending the Game Industry Promotion Act, labelling and disclosure requir…