Republic of Korea: Adopted Bill amending Consumer Protection in Electronic Commerce (E-Commerce Act/Bill no. 2120122)

Description

Adopted Bill amending Consumer Protection in Electronic Commerce (E-Commerce Act/Bill no. 2120122)

On 27 February 2023, the National Assembly adopted the Bill amending Consumer Protection in Electronic Commerce (E-Commerce Act/Bill no. 2120122). The Bill would broaden competencies for certain institutions. Previously, the Fair Trade Commission was the only authority to establish a fair trade order for e-commerce and mail-order to prevent and provide data on consumer damage. Under the Bill, the city governor, the mayor and the ward mayor may also use electronic methods to search for public information disclosed in the information network by businesses. The affected businesses shall not refuse or interfere with the search for information by the aforementioned actors. Furthermore, businesses would be required to comply with requests to share data from the Fair Trade Commission, the city governor, the mayor, and the ward mayor.

Original source

Scope

Policy Area
Consumer protection
Policy Instrument
Consumer protection authority governance
Regulated Economic Activity
platform intermediary: e-commerce, other service provider, platform intermediary: other
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2022-12-05
under deliberation

On 5 December 2022, the Bill amending Consumer Protection in Electronic Commerce (E-Commerce Act/Bi…

2023-02-27
adopted

On 27 February 2023, the National Assembly adopted the Bill amending Consumer Protection in Electro…

2024-03-22
in force

On 22 March 2024, the Act amending Consumer Protection in Electronic Commerce (E-Commerce Act/Bill …