Wire · regulatory
South Korea to pursue measures to strengthen enforcement against repeat cartels
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Fusion42 · 28 September 2026 · Fusion42 review
South Korea plans legislative changes to strengthen enforcement against repeat cartels, including license cancellations and business suspensions in 17 industries. Measures also extend the statute of limitations for cartel cases to 15 years and introduce price-redetermination orders under the Monopoly Regulation and Fair Trade Act.
◆ ◆ The Wire takeaway
You now face tougher cartel enforcement with longer investigation windows and harsher penalties in multiple sectors. Adjust your compliance and risk strategies immediately to avoid license risks and suspensions.
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1 source · 28 Sep 2026
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