Republic of Korea: Act on Monopoly Regulation and Fair Trade in Online Platforms (Bill No. 2201432) was introduced in National Assembly

Description

Act on Monopoly Regulation and Fair Trade in Online Platforms (Bill No. 2201432) was introduced in National Assembly

On 5 July 2024, the Act on Monopoly Regulation and Fair Trade in Online Platforms (Bill No. 2201432) was introduced in the National Assembly. The Bill establishes a regulatory framework distinct from the existing Monopoly Regulation and Fair Trade A…

Scope

Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
online advertising provider, platform intermediary: user-generated content, streaming service provider, platform intermediary: e-commerce, software provider: app stores, search service provider, software provider: other software
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2024-07-05
under deliberation

On 5 July 2024, the Act on Monopoly Regulation and Fair Trade in Online Platforms (Bill No. 2201432…