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South Korea to tackle e-commerce giants with tough new laws

SEOUL (ANN/THE KOREA HERALD) – South Korean President Yoon Suk Yeol on Tuesday committed to implementing more rigorous corrective measures and enhanced law enforcement targeting e-commerce entities. The aim is to mitigate their overwhelming influence in the country’s online market, as the president contends that these marketplace operators are engaging in practices that intimidate small […]

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Yoon pledges to break up e-commerce market monopoly

President Yoon Suk Yeol on Tuesday pledged stricter corrective measures and law enforcement on e-commerce players to curtail their dominance in South Korea s online market, claiming these marketplace operators were bullying mom-and-pop vendors and undermining consumer choice. This will accompany the Yoon administration s proposal of a new law to restrict business activities of e-commerce companies designated as ".

South koreaSoult ukpyolsiYoon suk yeolCho hong sunFair trade commissionHan ki jeongGovernment complex seoul tuesdayChairman cho hong sunThe korea heraldOrean newsOuth korea newsOuth korea news in englishSia newsK pop코리아 헤럴드

S Korea to operate consumer report center on shrinkflation practices – The Korea Times

S Korea to operate consumer report center on shrinkflation practices – The Korea Times
koreatimesus.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimesus.com Daily Mail and Mail on Sunday newspapers.

South koreaSoult ukpyolsiCho hong sunFair trade commissionKorea consumer agencyChair cho hong sun

S Korea to operate consumer report center on shrinkflation practices

The government will set up a center to receive consumers reports about corporate downsizing of products while maintaining prices without notice as part of efforts to better protect the people s rights and ease their burdens amid high inflation, the antitrust regulator said Wednesday.

Soult ukpyolsiSouth koreaCho hong sunKorea consumer agencyFair trade commissionChair cho hong sunHigh inflationKorean economyPrice increaseSouth koreaHe korea timesOrea timesOrean news in english

Yoon picks ex-culture minister as special adviser for culture, sports

President Yoon Suk Yeol on Thursday named a former culture minister and actor as his special adviser for culture and sports in a reshuffle that also affected six vice-minister level posts, his office said.

South koreaLee dong kwanLee myung bakCho hong sunKim kyung annKo kwang hyoYoon suk yeolPublic procurement servicePeople power partyMinistry of economyFair trade commissionSaemangeum developmentInvestment agencyKorea customs serviceYoo in chonKim dae ki