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Laws › Monopoly Regulation and Fair Trade Act › CHAPTER VIII ENFORCEMENT AGENCY

Monopoly Regulation and Fair Trade Act — Article 54 (Establishment of Fair Trade Commission)

독점규제 및 공정거래에 관한 법률 제54조

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) A Fair Trade Commission shall be established under the jurisdiction of the Prime Minister in order to independently perform the functions under this Act.

(2) The Fair Trade Commission shall perform its functions as a central administrative agency under Article 2(2) of the Government Organization Act.

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