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Fair Trade Commission Charges 'Style V' to Prosecution - Accusation of non-compliance after accepting the local government's recommendation for correction due to delay in refunding the price The Fair Trade Commission decided to file a complaint with the prosecution against Style V, which operates an Internet shopping mall, for failing to properly carry out the refund of money and handling complaints due to the withdrawal of the subscription from the.. 2024. 1. 15.
Revision of the Enforcement Rules of the Consumer Life Cooperative Act - Finding complex forms from the establishment of a life cooperative to liquidation, and resolving them by revising the enforcement regulations - The Fair Trade Commission (Chairman Han Ki jung, hereinafter referred to as the "Fair Trade Commission") amended the "Enforcement Rules of the Consumer Life Cooperatives Act" (hereinafter referred to as the "Enforcement Rules of the Cooperatives Act") .. 2024. 1. 15.
Fair Trade Commission Chairman "Actively Seeks Support Measures for EU Regulation" - Fair Trade Commission Chairman conducts 'customized policy communication' that directly explains the latest EU regulations, etc. - - Listening to on-site challenges and recommendations from major companies entering the European market - Korea Fair Trade Commission Chairman Han Ki-jung held an on-site meeting in Paris, France, on Dec. 4 with major Korean companies entering the European market. .. 2023. 12. 7.
Korea Fair Trade Commission Chairman Han Ki-jung Elects Vice Chairman of the Organization for Economic Cooperation and Development (OECD) Competition Committee - FTC expects to strengthen its international status and influence as a competitive authority Han Ki jung, chairman of the Fair Trade Commission, was elected as a vice chairman of the chairman's group at the 141st plenary session of the OECD Competition Committee held on December 6. The OECD Competition Committee Chairperson is composed of the heads of competition authorities in major countries .. 2023. 12. 7.
Online platform companies express their willingness to actively participate in platform self-regulation 2023.8.29. - 3rd pan-ministerial platform policy consultative body and platform company meeting held - Government actively supports accelerating the creation of online platform self-regulatory performance - Advancing the operation of private platform autonomous organizations by establishing a legal basis for autonomous organizations and conducting a cross-ministerial platform survey First Vice M.. 2023. 11. 30.
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.