FTC to ramp up antitrust agenda


South Korea President Lee Jae-myung. — Reuters

SEOUL: President Lee Jae-myung’s recent call to strengthen the Fair Trade Commission (FTC) is expected to accelerate regulatory scrutiny of unfair practices by major platform operators and conglomerates, particularly those impacting small and medium enterprises.

The antitrust regulator has begun internal discussions to identify areas where personnel reinforcements are most needed, according to industry sources.

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