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Monopoly Regulation and Fair Trade Act — Article 119 (Duty of confidentiality)

독점규제 및 공정거래에 관한 법률 제119조

This English translation is based on the Korean text effective 2026-05-12. The Korean law has since been amended (current version effective 2026-10-02) — check the Korean original.

None of the following persons shall divulge any confidential information of a business entity or a trade association that he or she has learned in the course of performing his or her duties or use it for purposes other than the purpose of enforcing this Act: <Amended on Jun. 20, 2023>

1. A commissioner or public official who performs or has performed duties under this Act;

2. A person who is or was in charge of the business affairs regarding dispute mediation under Articles 73 through 77, 77-2, 78, and 79;

3. A person who is or was in charge of the business affairs regarding the implementation management of consent decrees under Article 90;

4. A person who is or was in charge of the business affairs regarding the implementation management of corrective measures under Article 97-2.

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