South Korea's antitrust regulator will establish a new investigation unit
focused on platform firms and large chaebol, effectively restoring functions
similar to its former investigative bureau that was abolished 21 years ago, the
Fair Trade Commission (FTC) said. FTC Chair Ju Biung-ghi said that as
platform-related cases become more complex, the current system of investigating
and penalizing different parts of large cases separately may underestimate the
overall severity. He added that oversight should be strengthened for chaebol
accused of unfair practices during intergenerational business succession. The
FTC also plans to create a 40-person unit focused on economic and Data Talk
analysis to bolster its infrastructure and analytical capacity.
