Republic of Korea: Korea Fair Trade Commission closes consultation on payment practices in e-commerce
Description
Korea Fair Trade Commission closes consultation on payment practices in e-commerce
On 13 March 2025, the Korea Fair Trade Commission (KFTC) closes its consultation to examine payment deadlines in the e-commerce sector across 139 retail brands and their suppliers. The inquiry aims to assess current payment practices, explore proced…
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
competition authority