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New FTC head vows removal of anti-competitive practices

Fair Trade Commission (FTC) Chairman Han Ki-jeong pledged Monday to gradually ease anti-competitive practices in the market, pursuing a broader policy directive to restore fair competition underpinned by healthy market principles. Unnecessary, unclear and outdated regulations will be removed to help the country s large conglomerates, long bogged down by a lack of predictability in administrative judgments and oftentimes subject to arbitrary, restrictive interpretations and implementations of related laws, he said. ....

Soult Ukpyolsi , South Korea , Cholla Namdo , Yoon Suk Yeol , Association Of Korea Law Schools , Seoul National University School Of Law , Financial Supervisory Service , Fair Trade Commission , President Yoon Suk Yeol , Chairman Han Ki Jeong , Trade Commission , Korea Law Schools , Seoul National University School , Han Ki Jeong ,