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Antitrust regulator to prioritize addressing damage to victims of unfair biz acts
Antitrust regulator to prioritize addressing damage to victims of unfair biz acts
EconomyAug 16, 2022
SEJONG -- South Korea's antitrust regulator said Tuesday it plans to focus on how to swiftly address damage to victims of unfair business acts, rather than punishing companies, in an effort to overhaul its law enforcement procedures. The Fair Trade Commission (FTC) also said in a policy briefing to President Yoon Suk-yeol that it plans to take stern actions against tech giants' abuse of their market dominant status or companies' collusion to fix prices. The regulator said it plans