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Monopoly Regulation and Fair Trade Act — Article 57 (Composition of the Fair Trade Commission)

독점규제 및 공정거래에 관한 법률 제57조

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) The Fair Trade Commission shall consist of 11 commissioners, including 1 chairperson and 1 vice chairperson, 5 of whom shall be part-time commissioners. <Amended on May 12, 2026>

(2) From among any of the following persons who have experience or expertise in monopoly regulation, fair trade, or consumerism, the chairperson and the vice chairperson of the Fair Trade Commission shall be appointed by the President upon the recommendation of the Prime Minister, and other commissioners shall be appointed or commissioned by the President upon the recommendation of the chairperson; in such cases, the National Assembly shall hold a confirmation hearing for the chairperson:

1. A person who has served as a public official of Grade II or higher (including public officials in general service who are members of the Senior Executive Service);

2. A person who has a career as a judge, prosecutor, or attorney-at-law for at least 15 years;

3. A person with a major in law, economics, business administration, or consumerism, who has served for at least 15 years at a university or publicly authorized research institute as an associate professor or higher or in an equivalent position;

4. A person who has at least 15 years’ career in business management and consumer protection activities.

(3) The chairperson and the vice chairperson shall be appointed as public officials in political service; and other full-time commissioners shall be appointed as public officials in general service who are members of the Senior Executive Service and to a fixed term position under Article 26-5 of the State Public Officials Act.

(4) The chairperson, the vice chairperson, and the secretary general of the Secretariat under Article 70 shall serve as government delegates, notwithstanding Article 10 of the Government Organization Act.

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Korean original (law.go.kr) · Get articles as JSON via API

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