Tag: KFTC
KFTC To Decide South Korea Mirae Asset Fines Over Intra-Unit Trading
South Korea’s antitrust watchdog is set to decide this month on the level of sanctions against companies that carried out illegal business transactions between...
South Korea To Prosecute Naver Chairman For Violating Antitrust Laws
South Korea’s Fair Trade Commission (KFTC) is set to report Naver Chairman Lee Hae-jin to prosecutors for alleged violation of antitrust laws, officials said...
South Korea: KFTC probes Subway
South Korea’s antitrust watchdog is probing the US franchise Subway over an allegation that it forced a local franchisee to shut down his shop...
South Korea: KFTC issued correction orders to telecom giant KT
The South Korean Fair Trade Commission (KFTC) has issued correction orders to telecom giant KT for false advertising in promoting its GIGA LTE technology,...
South Korea: New chief says KFTC will crack down Tech Giants’...
The new head of South Korea's antitrust regulator on Tuesday, September 10, said the agency will crack down on tech companies over their abuse...
South Korea: KFTC struggling to collect fines
According to the Korean Times, the Fair Trade Commission (KFTC) has collected less than half the fines levied on corporations in 2018, raising questions...
South Korea: Kakao fined for unfair refund policy
The Fair Trade Commission (KFTC) has fined Kakao 2.5 million won (US$2,157) for violating the e-commerce transaction law, the nation's antitrust watchdog stated Sunday,...
South Korea: Regulator vows to strengthen oversight of public companies
South Korea's antitrust chief vowed Monday to strengthen the oversight of public companies over their alleged unfair business practices.
Kim Sang-jo, head of South Korea's...
South Korea: KFTC to review game firms’ consumer regulations
South Korea’s antitrust regulator announced on Friday, April 19, it will carry out an extensive review of the consumer regulations of game firms.
The Korean...
South Korea: Regulator shares competition policies with EU counterparts
The Korean Fair Trade Commission (KFTC) chief is slated to share the nation’s competition policies and law enforcement with European nations during his seven-day...
