Republic of Korea: Announced Amendment of the Fair Trade Act
Description
Announced Amendment of the Fair Trade Act
On 9 September 2024, the Korea Fair Trade Commission (KFTC) announced a legislative initiative to amend the Fair Trade Act. The proposed amendments to the "Fair Trade Act" aim to regulate dominant platforms with significant market influence by targe…
Scope
Policy Area
Competition
Policy Instrument
Competition authority governance
Regulated Economic Activity
infrastructure provider: internet and telecom services, online advertising provider, platform intermediary: e-commerce, search service provider, platform intermediary: other
Implementation Level
national
Government Branch
executive
Government Body
competition authority