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Google launches enforcement of app market anti-competitive actions 2023.8.16. - The FTC sent a resolution to Google on the corrective order and the imposition of 42.1 billion won in fines, and started execution of corrective measures and conducted an implementation inspection - Inspection plans such as revising the app developer distribution contract and establishing an internal monitoring system related to fair trade to avoid disadvantages due to the launch of.. 2023. 11. 30.
A presentation on the platform's self-regulation plan will be held 2023.5.11. - Four divisions of the 「Platform Private Self-Governing Organization」 launched in August last year announced self-regulation plans - Improvement of trading practices of companies in the open market (open market) sector, including countermeasures against collective damage to consumers -Declaration of transparency in platform search and recommendation and implementation of principles t.. 2023. 11. 30.
Anti-competition sanctions that only allowed Google to launch games on its app market, Google Play - Google aims to maintain and strengthen the monopoly power of its app market Google Play, Restricting game companies from entering one-store - Global Platform Giant Abuses Market Dominance To Limit Competition In App Market Market - The Fair Trade Commission decided to impose 42.1 billion won in fines on Google along with a corrective order The Fair Trade Commission (Chairman Han Ki-jung, herei.. 2023. 11. 30.
FTC - European Union (EU) Electronic Communications Regulatory Organization Platform Policy Discussion 2023. 4. 6 - Meeting with European Union Electronics and Telecommunications Regulatory Organization delegation, advisory body for Digital Markets Act (DMA) - - Discuss the policy direction of the Korea-EU platform and the experience of handling cases and cooperation plan - Cho Hong-sun, secretary-general of the Fair Trade Commission, held a meeting at 2 p.m. on Thursday, April 6 (Thursday) with .. 2023. 11. 30.
Establishment and implementation of online platform monopoly review guidelines 2023. 1. 14. - Establishment of criteria for screening abuse of market dominance in the online platform sector - The Fair Trade Commission (Chairman Han Ki-jung) has established guidelines for reviewing online platform operators' abuse of market-dominant status and will take effect from January 12. The screening guidelines do not create new regulations, but specify the criteria for monopoly abus.. 2023. 11. 30.
FTC - EU Directorate-General for Competition to hold 5th Competition Policy Research Group - Discussion of law enforcement, case handling, investigation procedures, etc. on tying - The Fair Trade Commission will hold a competition policy research meeting jointly with the Directorate-General for Competition Bureau for two days from November 16 (Thu) to 17 (Fri). The Korea-EU Competition Policy Research Group has been held every year since 2019 as part of a cooperation project between K.. 2023. 11. 20.
Increase the reduction of fines in the event of voluntary relief for damage to franchise owners - The State Council passed the amendment of the Enforcement Decree of the Act on Fairness of Affiliate Business Transactions - If the franchise headquarters, which violated the franchise business law, voluntarily corrects violations of the law and cooperates with the Fair Trade Commission's investigation and deliberation, the penalty can be reduced by up to 70%. The revised ordinance of the Enfo.. 2023. 11. 15.
Follow-up measures to visit the site of consumer damage relief by the Fair Trade Commission The Korea Consumer Agency will strengthen cooperation with related organizations, expand disclosure of information on businesses with many reports of damage, boost litigation support for consumers, and expand relief for similar or identical consumers Han Ki-jung, chairman of the Fair Trade Commission, visited the Seoul Support Center of the Korea Consumer Agency on the 8th to inspect consumer po.. 2023. 11. 14.
Fair Trade Commission Chairman Visits Consumer Damage Relief Site - Chairman Han Ki jung visits Seoul Branch of the Korea Consumer Agency to listen to the sound of the scene - - Plan to establish online dispute mediation committee basis rules for quick dispute mediation - Han Ki jung, chairman of the Fair Trade Commission, visited the Seoul Support Center of the Korea Consumer Agency on the 8th. The visit was designed to identify areas with high consumer damag.. 2023. 11. 13.
Correction of terms and conditions in the credit-specialized financial industry that infringes on consumer rights - Follow up to the President's Report on 'Measures to Promote Competition in the Financial and Telecommunications Sector' - Following the banking sector (August), requests for correction of specialized credit finance sectors such as credit cards, leases, and installments - On October 31, the Fair Trade Commission reviewed a total of 1,376 terms and conditions used by credit-specialized financial.. 2023. 11. 10.
Sanctions on unfair subcontracting transactions by Heunghwa Co., Ltd - Establishment of an unfair special agreement that bears additional construction costs to the subcontractor, corrective order and fine of 32 million won for the act of ordering additional construction without issuing a document - The Fair Trade Commission (Chairman Han Kijung, hereinafter referred to as the "Fair Trade Commission") decided to impose a corrective order and a fine of 32 million w.. 2023. 11. 9.
Bid-rigging sanctions for purchase and construction of soundproof dustproof materials - In 136 bids ordered by 32 construction companies, 13 companies that agreed on the prospective successful bidder, bid price, etc. are ordered to correct and imposed fines - The Fair Trade Commission (Chairman Han Ki-jung) decided to impose a total of 1.025 billion won in fines along with a correction order for 13 soundproof dust manufacturers and suppliers to fix 136 soundproof dust purchase an.. 2023. 11. 2.