Hansol Paper Pledges Recurrence Prevention

Hansol Paper apologizes for printing paper collusion following Fair Trade Commission decision, pledging to strengthen internal controls and establish monitoring systems to prevent recurrence.

Korea FTC Expands to 11 Members

South Korea's Fair Trade Commission will expand from 9 to 11 members, adding one standing and one non-standing member, marking the first increase in 30 years since 1997.

Consumer Co-ops Transferred to SME Ministry

South Korea's National Assembly passed an amendment transferring oversight of consumer cooperatives from the Fair Trade Commission to the Ministry of SMEs and Startups to support growth.