Chairman of the Fair Trade Commission attends the first political affairs committee audit of the 22nd National Assembly
All remarks emphasized “fair trade order supporting a dynamic economy”
(Seoul = Newsis) Reporter Cho Seong-bong = Fair Trade Commission Chairman Han Ki-jeong is answering questions from lawmakers at the Political Affairs Committee audit held at the National Assembly in Yeouido, Seoul on the morning of the 26th. 2023.10.26. (email protected)
(Sejong = Newsis) Reporter Lee Seung-joo = Fair Trade Commission Chairman Han Ki-jeong said on the 21st, “We will quickly resolve the monopoly problem of online platforms and push for legislation to protect the economically weak. We will closely monitor unfair practices by platform companies.” He said.
Han Ki-jeong, Chairman of the Fair Trade Commission, said this in his opening remarks at the National Assembly audit held at the National Assembly’s Political Affairs Committee this morning, saying, “Online platforms are having a significant impact on people’s daily lives and the overall industry.”
Chairman Han emphasized, “The Fair Trade Commission is pursuing various policies to build a fair market economy that supports people’s livelihood and innovation,” and added, “We will establish a fair trade order that supports a dynamic economy.”
He announced that he will focus on areas closely related to the people’s livelihood and future innovation. He said, “We will inspect collusion and unfair trading practices in areas closely related to the people’s livelihood, and analyze competitive issues such as artificial intelligence (AI) for future innovation.” He added, “We will revitalize venture investment and comply with global ESG (environmental, social, and governance) regulations.” “I will also support you,” he said.
(Seoul = Newsis) Reporter Cho Seong-bong = Fair Trade Commission Chairman Han Ki-jeong is answering questions from lawmakers at the Political Affairs Committee audit held at the National Assembly in Yeouido, Seoul on the morning of the 26th. 2023.10.26. (email protected)
We also plan to build a stable trading base for small and medium-sized businesses and small business owners. Chairman Han emphasized, “We will establish protective measures focusing on industries that are concerned about damage to small and medium-sized businesses during an economic downturn,” and added, “We will strongly protect the technologies and ideas that are the core assets of small and medium-sized venture businesses and creators.”
We also pledged to eradicate abuse of power in essential items in the franchise sector. He said, “We will strictly punish unfair practices by suppliers and agencies, and we will also strengthen support for damage relief for small and medium-sized businesses and small business owners.”
The creation of an environment where consumer rights and interests are guaranteed was also emphasized. He said, “We will strengthen the responsibility of platform operators, including overseas operators, and strive to prevent consumer damage in new types of transactions,” and “We will provide expanded information and promote system improvement to support a reasonable consumer life.”
He continued, “We will build an institutional foundation to ensure that blind spots do not arise in the field of consumer safety as the trading environment changes,” and “We will closely inspect to ensure that there are no illegal activities in the field of unfair advertising and consumer damage.”
Rational operation of the large conglomerate system was also emphasized. He added, “We will thoroughly monitor unfair internal transactions and prevent evasion of regulations through illegal activities,” and added, “We will rationalize the standards for large conglomerates to reflect the changed economic environment such as economic growth.”
(Seoul = Newsis) Reporter Jo Seong-woo = Fair Trade Commission Chairman Ki-jeong Han (left) is giving a business report at the current affairs inquiry on the Timon and WeMakePrice unsettled situations held by the Political Affairs Committee at the National Assembly in Yeouido, Seoul on the afternoon of the 30th. 2024.07.30. (email protected)
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