Republic of Korea: National Assembly adopted Bill amending Monopoly Regulation and Fair Trade Act (Bill No. 2214653) to expand composition of Fair Trade Commission

Description

National Assembly adopted Bill amending Monopoly Regulation and Fair Trade Act (Bill No. 2214653) to expand composition of Fair Trade Commission

On 23 April 2026, the National Assembly adopted the Bill amending the Monopoly Regulation and Fair Trade Act (No. 2214653). The Bill targets the composition of the Korea Fair Trade Commission (KFTC), the authority responsible for enforcing Korean co…

Scope

Policy Area
Competition
Policy Instrument
Competition authority governance
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
legislature
Government Body
parliament

Complete timeline of this policy change

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2025-11-27
under deliberation

On 27 November 2025, Bill amending the Monopoly Regulation and Fair Trade Act (No. 2214653) was int…

2026-04-23
adopted

On 23 April 2026, the National Assembly adopted the Bill amending the Monopoly Regulation and Fair …