Republic of Korea: Fair Trade Commission issued ruling with fine of KRW 5 million against Yanadu over misleading advertising of scholarship programmes
Description
Fair Trade Commission issued ruling with fine of KRW 5 million against Yanadu over misleading advertising of scholarship programmes
On 2 January 2026, the Korea Fair Trade Commission (KFTC) fined Yanadu KRW 5 million under the Act on Consumer Protection in Electronic Commerce (E-Commerce Act) for misleading advertising of scholarship programmes. Between December 2023 and May 202…
Scope
Policy Area
Consumer protection
Policy Instrument
Fair marketing and advertising practice requirement
Regulated Economic Activity
software provider: app stores, platform intermediary: other
Implementation Level
national
Government Branch
executive
Government Body
competition authority