Republic of Korea: Implemented Act amending Consumer Protection in Electronic Commerce (E-Commerce Act/Bill no. 2120122/Act no.19255)

Description

Implemented Act amending Consumer Protection in Electronic Commerce (E-Commerce Act/Bill no. 2120122/Act no.19255)

On 22 March 2024, the Act amending Consumer Protection in Electronic Commerce (E-Commerce Act/Bill no. 2120122/Act no.19255) entered into force. The Act broadens competencies for certain institutions. Previously, the Fair Trade Commission was the on…

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
executive
Government Body
central government

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 …