Korean Law in English
Laws › Monopoly Regulation and Fair Trade Act › CHAPTER II PROHIBITION OF ABUSE OF MARKET-DOMINANT POSITION

Monopoly Regulation and Fair Trade Act — Article 5 (Prohibition of abuse of market-dominant position)

독점규제 및 공정거래에 관한 법률 제5조

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) No market-dominant business entity shall engage in any of the following practices (hereinafter referred to as "abusive practices"):

1. Unfairly determining, maintaining, or changing the price of goods or the service fees (hereinafter referred to as "price");

2. Unfairly controlling the sale of goods or the provision of services;

3. Unfairly interfering with the business activities of any other business entity;

4. Unfairly interfering with the market entry of a new competitor;

5. Making an unfair transaction to exclude a competitor or substantially undermining consumer interests.

(2) The types of, and criteria for, abusive practices shall be prescribed by Presidential Decree.

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