If the representative of a corporation (including an unincorporated organization; hereafter in this Article, the same shall apply) or an agent or employee of, or any other person employed by, the corporation or an individual commits any violation specified in Article 124 through 126 in conducting the business affairs of the corporation or individual, the corporation or individual shall be punished by a fine prescribed in the relevant Article in addition to punishing the violator accordingly; provided, this shall not apply where such corporation or individual has not been negligent in giving due attention and supervision concerning the business affairs to prevent such violation.
Laws › Monopoly Regulation and Fair Trade Act › CHAPTER XV PENALTY PROVISIONS
Monopoly Regulation and Fair Trade Act — Article 128 (Joint penalty provisions)
독점규제 및 공정거래에 관한 법률 제128조
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.
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