https://legal.excellentwiki.com/south-korea/antitrust-law/Recent content in Antitrust Law on ExcellentWiki - Legal EncyclopediaHugoen-USTue, 07 Jul 2026 00:00:00 +0000https://legal.excellentwiki.com/south-korea/antitrust-law/south-korea-antitrust-law/Tue, 07 Jul 2026 00:00:00 +0000https://legal.excellentwiki.com/south-korea/antitrust-law/south-korea-antitrust-law/<h2 id="introduction">Introduction</h2> <p>South Korean antitrust law is governed principally by the <strong>Monopoly Regulation and Fair Trade Act (MRFTA)</strong> (독점규제 및 공정거래에 관한 법률), enacted in 1980 and substantially amended over four decades. The <strong>Korea Fair Trade Commission (KFTC)</strong> (공정거래위원회) serves as the primary enforcement authority, possessing both prosecutorial and adjudicative powers. The MRFTA targets four main areas: abuse of market dominance, mergers and acquisitions, economic concentration (chaebol regulation), and unfair trade practices.</p>