Korean Law in English
Laws › Monopoly Regulation and Fair Trade Act › CHAPTER ⅩⅣ SUPPLEMENTARY PROVISIONS

Monopoly Regulation and Fair Trade Act — Article 122 (Delegation and entrustment of authority)

독점규제 및 공정거래에 관한 법률 제122조

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.

The Fair Trade Commission may delegate part of its authority under this Act to the head of an agency under its control, the Special Metropolitan City Mayor, a Metropolitan City Mayor, a Special Self-Governing City Mayor, a Do Governor, or a Special Self-Governing Province Governor or may entrust such authority to the head of any other administrative agency, as prescribed by Presidential Decree.

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