Online platform operators to face stern measures over unfair practices
Posted : 2021-01-22 17:12
Updated : 2021-01-22 17:33
Fair Trade Commission Chairwoman Joh Sung-wook, center, listens to Woowa Brothers founder Kim Bong-jin, right, and CEO Kim Beom-joon at Baemin Academy Studio in Seoul, Friday. / Yonhap
Antitrust regulator said Friday it will seek to take punitive actions against unfair business activity by online platform operators in a bid to protect contractors and consumers.
The Korea Fair Trade Commission (KFTC) plans to submit a bill designed to prevent unfair business activity by online platform operators to the National Assembly next week, the regulator said in its 2021 policy plan.