President Lee Jae-myung urged swift reforms to limit the Korea Fair Trade Commission's authority, calling for the abolition of its exclusive right to file complaints in cartel cases and stricter penalties for price-fixing, amid concerns over consumer impact and regulatory delays.
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#YonhapInfomax #KoreaFairTradeCommission #PresidentLeeJaeMyung #CartelCases #LeniencyProvisions #ConsumerPrices #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103628

President Lee Says 'KFTC Holds Excessive Power—Exclusive Right to File Complaints Should Be Abolished'
President Lee Jae-myung urged swift reforms to limit the Korea Fair Trade Commission's authority, calling for the abolition of its exclusive right to file complaints in cartel cases and stricter penalties for price-fixing, amid concerns over consumer impact and regulatory delays.
