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Laws › Monopoly Regulation and Fair Trade Act › CHAPTER V RESTRICTIONS ON ILLEGAL CARTEL CONDUCT

Monopoly Regulation and Fair Trade Act — Article 42 (Corrective measures)

독점규제 및 공정거래에 관한 법률 제42조

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 the event of any illegal cartel conduct, the Fair Trade Commission may order the business entity to suspend the relevant conduct, to publish the fact that it has received a corrective order, or to take other necessary corrective measures.

(2) Article 7(2) through (4) shall apply mutatis mutandis to corrective measures under paragraph (1) following a merger, division, or merger after division or the establishment of a new company, etc. In such cases, "market-dominant business entity" shall be construed as "business entity".

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