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Laws › Monopoly Regulation and Fair Trade Act › CHAPTER IX ESTABLISHMENT OF KOREA FAIR TRADE MEDIATION AGENCY AND DISPUTE MEDIATION

Monopoly Regulation and Fair Trade Act — Article 76 (Request for mediation)

독점규제 및 공정거래에 관한 법률 제76조

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 business entity that has suffered a loss due to a suspected violation of Article 45(1) may file a request for dispute mediation, by submitting a document stating matters prescribed by Presidential Decree (hereinafter referred to as "request for dispute mediation") to the Council.

(2) Upon receipt of a report under Article 80(2), the Fair Trade Commission may request the Council to mediate the dispute over the relevant act or case.

(3) Upon receipt of a request for dispute mediation under paragraph (1) or (2), the Council shall immediately notify the Fair Trade Commission and disputing parties of the fact that it has received the application or request, etc., as prescribed by Presidential Decree.

(4) A request for dispute mediation filed under paragraph (1) shall have the effect of interrupting prescription; provided, this shall not apply where such request is withdrawn or dismissed without prejudice.

(5) In cases falling under the proviso of paragraph (4), if a judicial claim is made, bankruptcy procedures commence, or seizure, provisional seizure, or provisional disposition occurs within six months, prescription shall be deemed interrupted by filing the initial request for dispute mediation.

(6) Prescription interrupted under the main clause of paragraph (4) shall begin to run anew from any of the following time:

1. When a mediation report is prepared after the establishment of a dispute mediation;

2. When a mediation process is terminated without the establishment of a dispute mediation.

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