Korean Law in English
Laws › Monopoly Regulation and Fair Trade Act › CHAPTER V RESTRICTIONS ON ILLEGAL CARTEL CONDUCT

Monopoly Regulation and Fair Trade Act — Article 41 (Measures to prevent illegal cartel conduct for bidding in public sectors)

독점규제 및 공정거래에 관한 법률 제41조

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.

(1) In order to uncover or prevent illegal cartel conduct related to bidding called for by the State, local governments, public institutions under the Act on the Management of Public Institutions, or local public enterprises of the Local Public Enterprises Act, the Fair Trade Commission may request bidding-related documents and other cooperation from the heads of central administrative agencies, local governments, public institutions under the Act on the Management of Public Institutions, or local public enterprises of the Local Public Enterprises Act (hereinafter referred to as the "heads of public institutions"). <Amended on Jun. 20, 2023>

(2) The heads of public institutions prescribed by Presidential Decree shall submit bidding-related information to the Fair Trade Commission when a bidding announcement is made or a successful bidder is determined.

(3) The scope of bidding-related information to be submitted to the Fair Trade Commission pursuant to paragraph (2) and the procedures for submission shall be prescribed by Presidential Decree.

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