Republic of Korea: Implemented FTC amendment to advertising guidelines for recommendations and endorsements on blogs and text-based media

Description

Implemented FTC amendment to advertising guidelines for recommendations and endorsements on blogs and text-based media

On 1 December 2024, the Korean Fair Trade Commission (FTC)'s amendment to the Advertising Guidelines for Recommendations and Endorsements enters into force. This amendment introduces requirements for disclosing advertisements and endorsements in text-based media, such as blogs. It expands the scope of financial compensation or benefits that must be disclosed by endorsers or recommenders, including products, gift certificates, reward points, discounts, and direct employment by advertisers. The revised guidelines require that such disclosures be prominently placed at the beginning of the written content. Additionally, the amendment addresses emerging marketing practices, such as earning commissions through purchase links or receiving reimbursements for reviews, bringing them under the guidelines. It also explicitly prohibits ambiguous phrases such as "may receive a small fee," ensuring greater clarity and transparency in disclosures.

Original source

Scope

Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
platform intermediary: user-generated content
Implementation Level
national
Government Branch
executive
Government Body
consumer protection authority

Complete timeline of this policy change

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2024-11-15
adopted

On 15 November 2024, the Korean Fair Trade Commission (FTC) announced an amendment to the Advertisi…

2024-12-01
in force

On 1 December 2024, the Korean Fair Trade Commission (FTC)'s amendment to the Advertising Guideline…