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Wire · regulatory

FTC chief seeks 1% revenue fines for companies blocking probes

26 October 2026 · By · Wire by Fusion42

Published

26 October 2026

Topic

regulatory

◆ Geography

South Korea

◆ Source

Read at pulse.mk.co.kr →

◆ Verified

Fusion42 · 26 October 2026 · Fusion42 review

South Korea's Fair Trade Commission (FTC) plans to impose fines up to 1% of company revenue for those obstructing investigations, aiming to strengthen enforcement without needing compulsory investigative powers.

◆ ◆ The Wire takeaway

Companies resisting investigations in South Korea now face steep revenue fines instead of token penalties. You must recheck compliance and be ready to handle tougher penalties or lost market access.

◆ Coverage

1 source · 26 Oct 2026

◆ Related on Wire

◆ Topics

competition-lawregulatory-finesFTCSouth-koreacorporate-compliance