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Monopoly Regulation and Fair Trade Act — Article 33 (Presumptive date of inclusion in affiliates and notice thereof)

독점규제 및 공정거래에 관한 법률 제33조

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.

Where a person that has received a request pursuant to Article 31(4) or 32(3) refuses to submit materials without good cause or submits false materials, and therefore the relevant company fails to be included in domestic affiliates of a business group subject to disclosure or related parties to the same person controlling a domestic affiliate of a business group subject to disclosure even though it should be included therein, the Fair Trade Commission shall deem the company to have been included in domestic affiliates or related parties to the business group subject to disclosure and notified of such inclusion on the date prescribed by Presidential Decree, taking into account the date a ground to include the company in a business group subject to disclosure arises and other similar factors.

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