Republic of Korea: Fair Trade Commission issued ruling against Content Wavve with fine of KRW 4 million over consumer contract cancellations
Description
Fair Trade Commission issued ruling against Content Wavve with fine of KRW 4 million over consumer contract cancellations
On 15 October 2025, the Korea Fair Trade Commission (KFTC) issued a ruling against Content Wavve with a fine of KRW 4 million for obstructing consumer contract cancellations in violation of the E-Commerce Act. The ruling applies to Content Wavve's s…
Scope
Policy Area
Consumer protection
Policy Instrument
User/subject right
Regulated Economic Activity
streaming service provider
Implementation Level
national
Government Branch
executive
Government Body
consumer protection authority