Where there is illegal cartel conduct, the Fair Trade Commission may impose on the business entity a penalty surcharge not exceeding 20/100 of the sales prescribed by Presidential Decree; provided, in cases of no sales, etc., a penalty surcharge may be imposed not exceeding four billion won.
Laws › Monopoly Regulation and Fair Trade Act › CHAPTER V RESTRICTIONS ON ILLEGAL CARTEL CONDUCT
Monopoly Regulation and Fair Trade Act — Article 43 (Penalty surcharges)
독점규제 및 공정거래에 관한 법률 제43조
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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