Republic of Korea: Fair Trade Commission issues corrective order and imposed a KRW 6 million fine on Meta Platforms for violating Act on Consumer Protection in Electronic Commerce
Description
Fair Trade Commission issues corrective order and imposed a KRW 6 million fine on Meta Platforms for violating Act on Consumer Protection in Electronic Commerce
On 2 May 2025, the Fair Trade Commission (FTC) announced sanctions against Meta Platforms for violating the Act on Consumer Protection in Electronic Commerce as an online platform intermediary (electronic bulletin board service provider) through its…
Scope
Policy Area
Consumer protection
Policy Instrument
User/subject right
Regulated Economic Activity
platform intermediary: user-generated content
Implementation Level
national
Government Branch
executive
Government Body
competition authority