Joo Byung-ki Says Abolishing Exclusive Right to File Complaints Is a Firm Belief—Stresses Need to Avoid Burdening Companies
KFTC Chair Joo Byung-ki reaffirmed his commitment to abolishing the agency’s exclusive right to file complaints, emphasizing alignment with global standards and the need to prevent excessive corporate burdens.
Joo Byung-ki, Chair of South Korea's Fair Trade Commission, disclosed KRW 2.56 billion ($1.92 million) in assets, including real estate, deposits, and minority stakes in major companies such as Samsung Life and Samsung Electronics, according to the 2026 public officials' asset report.
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[Public Officials' Assets] 'Samsung Life Minority Shareholder' Joo Byung-ki, Fair Trade Commission Chair, Reports KRW 2.6 Billion in Assets
Joo Byung-ki, Chair of South Korea's Fair Trade Commission, disclosed KRW 2.56 billion ($1.92 million) in assets, including real estate, deposits, and minority stakes in major companies such as Samsung Life and Samsung Electronics, according to the 2026 public officials' asset report.
KFTC Chair Joo Byung-ki stresses rationalizing, not simply toughening, penalty caps to align with global standards, while denying discrimination in the Online Platform Act and announcing new antitrust probes into corn starch sugar producers.
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Joo Byung-ki, KFTC Chair, Says 'Rationalizing Penalty Caps, Not Simply Toughening Sanctions'
KFTC Chair Joo Byung-ki stresses rationalizing, not simply toughening, penalty caps to align with global standards, while denying discrimination in the Online Platform Act and announcing new antitrust probes into corn starch sugar producers.
Joo Byung-ki, Chair of South Korea’s Fair Trade Commission, announced plans to proactively advance consumer protection policies for effective redress, emphasizing expert input and outlining four key policy priorities for 2026.
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Joo Byung-ki, Chair of the Fair Trade Commission, Vows Proactive Consumer Protection Policies for Effective Redress
Joo Byung-ki, Chair of South Korea’s Fair Trade Commission, announced plans to proactively advance consumer protection policies for effective redress, emphasizing expert input and outlining four key policy priorities for 2026.
South Korea’s Fair Trade Commission chief Joo Byung-ki pledged to uphold non-discriminatory principles for domestic and foreign firms, assuring AMCHAM that regulatory frameworks will support fair competition and innovation.
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Fair Trade Commission Chief Joo Byung-ki Vows Equal Treatment for Domestic and Foreign Firms
South Korea’s Fair Trade Commission chief Joo Byung-ki pledged to uphold non-discriminatory principles for domestic and foreign firms, assuring AMCHAM that regulatory frameworks will support fair competition and innovation.
South Korea’s Fair Trade Commission Chairman Joo Byung-ki has been appointed Vice Chair of the OECD Competition Committee Bureau, strengthening international antitrust cooperation and sharing Korea’s policy expertise with global peers.
#YonhapInfomax #FairTradeCommission #OECD #CompetitionCommittee #JooByungKi #InternationalCooperation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=94206
Joo Byung-ki Appointed Vice Chair of OECD Competition Committee Bureau
South Korea’s Fair Trade Commission Chairman Joo Byung-ki has been appointed Vice Chair of the OECD Competition Committee Bureau, strengthening international antitrust cooperation and sharing Korea’s policy expertise with global peers.
South Korea’s Fair Trade Commission Chair Joo Byung-ki said regulatory easing for holding company investments in strategic industries should be pursued through special laws, not by amending the Fair Trade Act, and confirmed ongoing investigations into collusion in pork and sugar markets.
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Joo Byung-ki, Fair Trade Commission Chair, Says Regulatory Easing Should Be Pursued Through Special Laws Rather Than Amending the Fair Trade Act
South Korea’s Fair Trade Commission Chair Joo Byung-ki said regulatory easing for holding company investments in strategic industries should be pursued through special laws, not by amending the Fair Trade Act, and confirmed ongoing investigations into collusion in pork and sugar markets.
South Korea’s Fair Trade Commission, under Chairman Joo Byung-ki, is set to intensify sanctions on unfair chaebol practices and reaffirm regulatory measures to support small businesses, including a cap on delivery app commissions.
#YonhapInfomax #FairTradeCommission #JooByungKi #Chaebol #DeliveryAppCommission #RegulatoryReform #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=92043Joo Byung-ki’s Fair Trade Commission Sharpens Chaebol Oversight, Backs Small Business Cooperation
South Korea’s Fair Trade Commission, under Chairman Joo Byung-ki, is set to intensify sanctions on unfair chaebol practices and reaffirm regulatory measures to support small businesses, including a cap on delivery app commissions.
KFTC Chair Joo Byung-ki called for greater global cooperation among competition authorities to tackle increasingly sophisticated and secretive cartels, as over 230 officials and experts from 50 countries gathered in Seoul for the 2025 ICN Cartel Workshop.
#YonhapInfomax #KoreaFairTradeCommission #Cartel #ICN #CompetitionAuthorities #JooByungKi #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=90417
Joo Byung-ki Says 'Cartels Becoming More Sophisticated and Clandestine—Global Competition Authorities Must Cooperate'
KFTC Chair Joo Byung-ki called for greater global cooperation among competition authorities to tackle increasingly sophisticated and secretive cartels, as over 230 officials and experts from 50 countries gathered in Seoul for the 2025 ICN Cartel Workshop.
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