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Final Approval and Implementation of Consent Decision to Improve Transaction Practices between Convenience Stores and Suppliers(2025.4.24) — First case since the introduction of the consent decision system under the Large-scale Retail Business Act — The Korea Fair Trade Commission (KFTC, Chairperson Han Ki-jeong) announced on April 21 that it has finalized a consent decision regarding alleged violations of the "Act on Fair Transactions in Large Retail Business" (hereinafter, the "Large-scale Retail Business Act") by four major conv.. 2025. 5. 21.
Sanctions Imposed on Gravity Co., Ltd. and Wemade Co., Ltd. for Deceptive Practices Regarding Randomized In-Game Items(2025.4.21) The Korea Fair Trade Commission (Chairman Han Ki-jeong, hereinafter “the KFTC”) has decided to impose corrective orders and fines totaling KRW 5 million (KRW 2.5 million each) on two game companies, Gravity Co., Ltd. and Wemade Co., Ltd., for engaging in deceptive practices in their online games Ragnarok Online and Night Crows, respectively. These companies misrepresented, exaggerated, concealed.. 2025. 5. 14.
Sanctions Imposed for Violations of the Labeling and Advertising Act and the E-Commerce Act by Luxury Goods Sales Platforms(2025.4.20) – Corrective orders, fines, and surcharges imposed on Mustit Co., Ltd., Trenbe Co., Ltd., and Ballan Co., Ltd. –The Korea Fair Trade Commission (Chairperson Han Ki-jeong, hereinafter referred to as the "KFTC") has decided to impose corrective orders, fines totaling KRW 1.2 million, and surcharges amounting to KRW 1.6 million against three platform companies—Mustit Co., Ltd., Trenbe Co., Ltd., an.. 2025. 5. 13.
Sanctions Imposed on POSCO and POSCO Holdings Inc. for Misleading Eco-Friendly Advertising(2025.4.17) The Korea Fair Trade Commission (KFTC), chaired by Han Ki-jeong, has issued corrective orders against POSCO and POSCO Holdings Inc. (hereinafter collectively referred to as “POSCO”) for advertising products certified under the “INNOVILT” label as eco-friendly products and green steel construction materials without objective grounds. The companies also promoted “INNOVILT,” “e Autopos,” and “Green.. 2025. 5. 12.
Sanctions on Hankook Tire & Technology Co., Ltd. for Interfering in Dealership Management Activities(2025. 4. 16.) – Corrective orders imposed for requiring disclosure of sales figures and restricting supply channels for consumables – The Korea Fair Trade Commission (KFTC), chaired by Han Ki-jeong, has decided to issue corrective orders against Hankook Tire & Technology Co., Ltd. (hereafter “Hankook Tire”) for violating the Fair Transactions in Franchise Business Act (hereafter “Franchise Act”) by:Unjustifia.. 2025. 5. 9.
Task Force for Combating Illegal Online Advertising Agency Practices Refers 7 Agencies for Investigation(2025.4.16) – Publicity Efforts on Major Cases and Precautions for Small Business Owners – The Korea Fair Trade Commission (KFTC, Chairperson Han Ki-jeong) announced that the “Task Force for Combating Illegal Online Advertising Agency Practices” (hereinafter “TF”) held a review meeting for investigation referrals for the first quarter of 2025. The TF reviewed advertising agencies that were frequently report.. 2025. 5. 8.
Sanctions Imposed on KOG Co., Ltd. for Deceptive Practices Related to Probability-Based Items(2025.4.14.) The Korea Fair Trade Commission (KFTC, Chairperson Han Ki-jeong) has issued a corrective order and imposed a fine of 36 million KRW on the online game service provider KOG Co., Ltd. (hereafter "KOG") for misleading users about the winning mechanism and probability of probability-based items (hereafter "items") sold in its online PC game, Grand Chase Classic. Grand Chase Classic is a massively mu.. 2025. 5. 2.
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.

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