Kuk Hyun Kwon

Fair Trade Commission is the enforcement authority for Korea. Read their profile Overview of the agency The KFTC is an independent administrative authority established to enforce the Monopoly Regulation and Fair Trade Act (MRFTA), the framework competition law of Korea, and other laws and regulations relating to competition and fair trade.

Kuk Hyun Kwon, Junghoon Yoo and Jeehyun Julia Kim EJE Law 11 October 2022 The KFTC is an independent administrative authority established to enforce the Monopoly Regulation and Fair Trade Act (MRFTA), the framework competition law of Korea, and other laws and regulations relating to competition and fair trade.

Remedies Compensation What forms of compensation are available and on what basis are they allowed? Damages are available for violation of antitrust regulations. In principle, the scope of recoverable damages is limited to actual damages under Korean law.