(1) A person that applies for approval, approval for change, etc. (hereafter in this Article referred to as "approval, etc.") of establishment or merger of a corporation, change of the largest investor, etc. falling under any of the following (hereafter in this Article referred to as "establishment, etc. of a corporation") may submit a document for reporting business combinations together when applying for approval, etc. to the competent administrative agency in charge of granting approval, etc. (including the Korea Media and Communications Commission; hereafter in this Article, the same shall apply) where the establishment, etc. of a corporation is required to report pursuant to Article 11 (1) or (2): <Amended on Oct. 1, 2025>
1. A merger of a corporation under Article 15(1)1 of the Broadcasting Act (limited to a corporation that is a CATV broadcasting business entity under subparagraph 3b of Article 2 of that Act; hereafter in this Article referred to as "CATV broadcasting business entity");
2. Where a person intends to become the largest investor of a CATV broadcasting business entity or to substantially control the management of a CATV broadcasting business entity pursuant to Article 15-2(1) of the Broadcasting Act.
(2) Where an applicant for approval, etc. submits a document for reporting business combinations to the competent administrative agency pursuant to paragraph (1), the date such agency receives the document shall be deemed the date of reporting under Article 11(1) and (2).
(3) Upon receipt of a document for reporting business combinations submitted pursuant to paragraph (1), the competent administrative agency shall without delay forward such document to the Fair Trade Commission.
(4) A person required to report a business combination pursuant to the proviso, with the exception of the subparagraphs, of Article 11(6) may submit a document for approval, etc. of establishment, etc. of a corporation together when filing a report on a business combination with the Fair Trade Commission.
(5) Upon receipt of a document for approval, etc. of establishment, etc. of a corporation submitted pursuant to paragraph (4), the Fair Trade Commission shall without delay forward such document to the competent administrative agency.