Republic of Korea: Standards for imposing surcharges enter into force
Description
Standards for imposing surcharges enter into force
On 28 April 2026, the Fair Trade Commission adopted revised standards for imposing surcharges. The amended notice raises the minimum rates across all violation types under the Monopoly Regulation and Fair Trade Act. For unlawful concerted action, th…
Scope
Policy Area
Competition
Policy Instrument
Competition authority governance
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
competition authority