Republic of Korea: Korean Fair Trade Commission fines OTT providers for impeding cancellations
Description
Korean Fair Trade Commission fines OTT providers for impeding cancellations
On 14 February 2022, the Korean Fair Trade Commission fined Google, Netflix, KT, LG Uplus, and Content Wave a collective KRW 19.5 million (approx. USD 16'300). According to the authority, the Act on the Consumer Protection in Electronic Commerce sta…
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
competition authority