South Korea's Fair Trade Commission announces amendments to reduce personal seller identity verification requirements for C2C marketplace operators from five items to two, while strengthening penalties for repeat violators with fines increasing up to 100% for four violations.
#YonhapInfomax #FairTradeCommission #ECommerceAct #PersonalInformation #C2CTransactions #ConsumerProtection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=109319

South Korea's Fair Trade Commission will implement new guidelines on October 24 to clarify and strengthen regulations against deceptive 'dark pattern' practices in online commerce, aiming to enhance consumer protection and market transparency.
#YonhapInfomax #KFTC #DarkPattern #ECommerceAct #ConsumerProtection #RegulationUpdate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86912

South Korea's Fair Trade Commission fines Meta Platforms and orders corrective measures for inadequate consumer protection on its social media platforms
#YonhapInfomax #FairTradeCommission #MetaPlatforms #ConsumerProtection #ECommerceAct #CorrectiveOrder #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=61502

FTC orders Costco Korea to allow online membership cancellation, citing E-Commerce Act violation and improving consumer convenience
#YonhapInfomax #FairTradeCommission #CostcoKorea #MembershipCancellation #ECommerceAct #ConsumerRights #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=55282