![Chairman Joo Byeong-ki of the Fair Trade Commission [Photo by Yoo Dae-gil]](https://image.ajunews.com/content/image/2026/06/19/20260619113839255143.jpg)
Chairman Joo Byeong-ki of the Fair Trade Commission [Photo by Yoo Dae-gil]
On June 19, Chairman Joo Byeong-ki of the Fair Trade Commission announced plans to enhance monitoring of anti-competitive practices in the mobile and digital infrastructure and artificial intelligence sectors, where the dominance of major platforms has become entrenched.
Joo made these remarks during a video address at the summer academic conference titled "Directions for Competition Law and Policy Enforcement to Foster an Innovative Ecosystem in the Digital Market," hosted by the Korean Competition Law Association.
The conference was organized to discuss competition law issues related to the digital market with academics and private sector experts. Currently, the National Assembly and the Fair Trade Commission are closely observing the situation and gathering opinions for the establishment of the Platform Fair Trade Promotion Act.
In his address, Joo noted, "In the digital economy, consumers can become dependent on a single platform, making it difficult to switch to another due to lock-in effects. The exploitation of consumers by platforms has become more severe, necessitating regulations against practices that limit consumer choice."
He emphasized the importance of trust between platform companies and their vendors, stating, "It is essential to establish a fair trading order between platforms and vendors through enhanced transaction transparency, fairness, and protection of payment settlements."
The first part of the conference featured presentations on various topics, including a legal analysis of anti-competitive practices in the digital market by Professor Yoo Young-guk from Hanshin University, an economic approach to regulating dynamic markets by Professor Yoon Kyung-soo from Gachon University, a legal and economic discussion on unfair practices involving platforms and algorithms by Professor Kang Sang-yup from Peking University, and the role of competition authorities in promoting competition in the digital market by Senior Research Fellow Kim Yoon-jung from the Korea Legislative Research Institute.
The second part of the conference included a discussion led by Professor Lee Hwang from Korea University, featuring contributions from Professor Park Se-hwan from the University of Seoul, Professor Cho Hye-shin from Handong Global University, Professor Joo Jin-yeol from Pusan National University, Research Fellow Lee Gong, Attorney Seo Jeong, and Director Sun Jung-kyu from the Fair Trade Commission's Competition Policy Bureau.
Shin Jae-han, president of the Korean Competition Law Association, remarked, "It is time to consider how to maximize the autonomy and innovative potential of the digital market while establishing a fair and sustainable competitive order. Today's conference serves as a platform where academic research outcomes and practical insights converge to provide a roadmap for the future of competition law and policy."
Joo made these remarks during a video address at the summer academic conference titled "Directions for Competition Law and Policy Enforcement to Foster an Innovative Ecosystem in the Digital Market," hosted by the Korean Competition Law Association.
The conference was organized to discuss competition law issues related to the digital market with academics and private sector experts. Currently, the National Assembly and the Fair Trade Commission are closely observing the situation and gathering opinions for the establishment of the Platform Fair Trade Promotion Act.
In his address, Joo noted, "In the digital economy, consumers can become dependent on a single platform, making it difficult to switch to another due to lock-in effects. The exploitation of consumers by platforms has become more severe, necessitating regulations against practices that limit consumer choice."
He emphasized the importance of trust between platform companies and their vendors, stating, "It is essential to establish a fair trading order between platforms and vendors through enhanced transaction transparency, fairness, and protection of payment settlements."
The first part of the conference featured presentations on various topics, including a legal analysis of anti-competitive practices in the digital market by Professor Yoo Young-guk from Hanshin University, an economic approach to regulating dynamic markets by Professor Yoon Kyung-soo from Gachon University, a legal and economic discussion on unfair practices involving platforms and algorithms by Professor Kang Sang-yup from Peking University, and the role of competition authorities in promoting competition in the digital market by Senior Research Fellow Kim Yoon-jung from the Korea Legislative Research Institute.
The second part of the conference included a discussion led by Professor Lee Hwang from Korea University, featuring contributions from Professor Park Se-hwan from the University of Seoul, Professor Cho Hye-shin from Handong Global University, Professor Joo Jin-yeol from Pusan National University, Research Fellow Lee Gong, Attorney Seo Jeong, and Director Sun Jung-kyu from the Fair Trade Commission's Competition Policy Bureau.
Shin Jae-han, president of the Korean Competition Law Association, remarked, "It is time to consider how to maximize the autonomy and innovative potential of the digital market while establishing a fair and sustainable competitive order. Today's conference serves as a platform where academic research outcomes and practical insights converge to provide a roadmap for the future of competition law and policy."
* This article has been translated by AI.
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