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Until when are they going to keep saying ‘limited time only, 00% huge discount’?? Are they really giving away AirPods as prizes??(2025. 4. 10.) Corrective orders and fines imposed on Eduwill Co., Ltd. and ST Unitas Co., Ltd. for false and exaggerated advertising -The Korea Fair Trade Commission (Chairperson: Han Ki-jeong, hereinafter referred to as the "KFTC") has decided to impose corrective orders, public disclosure orders, and fines totaling 310 million KRW on two online lecture service providers, Eduwill Co., Ltd. and ST Unitas Co.,.. 2025. 4. 30.
Sanctions Imposed on Ace Bed Co., Ltd. for Labeling Its Mattress Disinfectant and Insect Repellent as ‘Harmless to Humans’(2025. 4. 8.) Corrective order issued for false and exaggerated labeling practices The Korea Fair Trade Commission (Chairman Han Ki-Jeong, hereinafter referred to as the "KFTC") has decided to impose a corrective order on Ace Bed Co., Ltd. (hereinafter "Ace Bed") for engaging in false and exaggerated labeling practices by marking its mattress disinfectant and insect repellent packaging with claims that it was.. 2025. 4. 29.
Korea Fair Trade Commission Begins Public Consultation on Broadcom’s Provisional Consent Decision(2025.4.7.) – 31-Day Public Comment Period from April 7 – The Korea Fair Trade Commission (KFTC), chaired by Han Ki-jeong, has drafted a provisional consent decision regarding Broadcom’s alleged violation of the Fair Trade Act, and will be collecting opinions from relevant ministries and stakeholders for 31 days from April 7 to May 7, 2025. Broadcom is suspected of requiring domestic set-top box manufacture.. 2025. 4. 25.
A Happy Marriage Begins with a Transparent Contract!Standard Terms and Conditions Established for Wedding Planning Services(2025.4.3) Clear disclosure of studio photography, dress rental, and makeup service details and pricing to prevent ambiguous contractsExplicit guidelines on cancellation fees and requirement for consumer consent to prevent related disputesThe Korea Fair Trade Commission (KFTC, Chairperson Han Ki-jeong) has established the “Standard Contract for Wedding Planning Services” to improve transaction practices an.. 2025. 4. 24.
24th Fair Trade Day Commemorative Ceremony Held (2025.4.1) On April 1, 2025, the 24th annual Fair Trade Day ceremony was held at KBIZ Hall in Seoul.This event, established by major economic organizations such as the Korea Federation of SMEs and the Korea Chamber of Commerce and Industry, commemorates the enforcement date of Korea’s Fair Trade Act and has been held every year since 2002 with the support of the Korea Fair Trade Commission (KFTC). About 13.. 2025. 4. 22.
From Videos to Webtoons: Utilizing AI for Policy Promotion(2025.3.26) – Generative Artificial Intelligence (AI) brings innovation to the production of policy promotion content – The Korea Fair Trade Commission (KFTC, Chairperson Han Ki-jeong) is utilizing generative artificial intelligence (AI) technologies to produce various types of content for more effective policy promotion. The KFTC is strengthening its digital outreach by producing fun and engaging content i.. 2025. 4. 18.
Costco Membership Purchased Online Can Now Be Canceled Without Visiting a Store(2025.3.24) The Korea Fair Trade Commission (Chairman Han Ki-jung) has issued a corrective action (warning) against Costco Korea (hereinafter “Costco”) for violating the Act on Consumer Protection in Electronic Commerce, etc. Costco allowed customers to sign up for the Executive Membership required for store use through electronic documents online, but required in-person visits to cancel the membership. Cos.. 2025. 4. 17.
Kakao Entertainment Sanctioned for Deceptive K-POP Music Advertising via Multiple SNS Channels(2025.3.24) – Confirmed that failure to disclose ownership of channels or sponsorship constitutes a violation –– First case of regulating deceptive advertising in the popular music sector – The Korea Fair Trade Commission (KFTC, Chairman Han Ki-jeong) has decided to issue a corrective order and impose a fine of 390 million KRW on Kakao Entertainment Corp. (hereinafter “Kakao Entertainment”) for deceptively .. 2025. 4. 16.
Conditional Approval of Synopsys-Ansys Merger(2025.3.20) – Concerns over price hikes in semiconductor chip, optical, and photonics design software markets –– Partial divestiture of assets by Synopsys and Ansys –– First case reflecting the companies’ self-submitted remedies – The Korea Fair Trade Commission (KFTC, Chairman Han Ki-Jeong) has conditionally approved the merger in which Synopsys Inc. (hereinafter “Synopsys”) will acquire all shares of Ansy.. 2025. 4. 14.
Announcement of Standard Contracts in the Web Novel Sector to Foster a Fair Environment(2025.3.20) Three standard contracts established: Publishing Rights Agreement, Exclusive Electronic Publishing Rights Agreement, and Serialization AgreementIncludes clauses on termination rights for automatic renewals, suspension rights, provision of sales-related information, and obligation to explain contract detailsOn Thursday, March 20, the Ministry of Culture, Sports and Tourism (Minister Yu In-chon, h.. 2025. 4. 8.
Sanctions Imposed on Franchise Headquarters for Forcing the Purchase of Packaging Containers(2025.3.17) Corrective orders and fines imposed on the franchise headquarters Jokbal Night Market (㈜All F&B) -The Korea Fair Trade Commission (Chairman Han Ki-jeong, hereinafter referred to as the "KFTC") has imposed corrective orders and a fine of KRW 94 million on All F&B Co., Ltd. (㈜올에프엔비) for forcing franchisees to purchase packaging container products exclusively from designated suppliers. As of the en.. 2025. 3. 20.
2024 SNS Deceptive Advertising Monitoring Results(2025.3.15) 26,000 Suspected Backdoor Advertising Posts Rectified on Instagram, Naver Blog, YouTube, etc.The Fair Trade Commission (Chairman Han Ki-jung, hereinafter referred to as the "FTC") has announced the results of its monitoring of social networking service (SNS) posts that take the form of reviews and are suspected of engaging in deceptive advertising over the past year. Deceptive advertising refers.. 2025. 3. 19.