Republic of Korea: Announced amendments to Fair Transactions in Large-scale Retail Business Act
Description
Announced amendments to Fair Transactions in Large-scale Retail Business Act
On 18 October 2024, the Korean Federal Trade Commission (FTC) announced Amendments to the Fair Transactions in Large-scale Retail Business Act to prevent the recurrence of non-settlement incidents and to restore fairness in the online intermediary m…
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
platform intermediary: user-generated content, platform intermediary: e-commerce, platform intermediary: other
Implementation Level
national
Government Branch
executive
Government Body
competition authority