MONOPOLY REGULATION AND FAIR TRADE ACT
ALL
CHAPTER I GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Definitions)
Article 2-2 (Application to Overseas Act)
CHAPTER II PROHIBITION ON ABUSE OF MARKET-DOMINANT POSITION
Article 3 (Remedy, etc. of Monopoly or Oligopoly in Market Structures)
Article 3-2 (Prohibition on Abuse of Market-Dominant Position)
Article 4 (Presumption of Market-Dominant Business Entity)
Article 5 (Corrective Measures)
Article 6 (Penalty Surcharges)
CHAPTER III RESTRICTION ON BUSINESS COMBINATION AND CONCENTRATION OF ECONOMIC POWER
Article 7 (Restriction on Business Combination)
Article 7-2 (Standards for Acquisition or Holding of Shares)
Article 8 (Reporting on Establishment of, and Conversion into, Holding Company)
Article 8-2 (Restrictions, etc. on Acts by Holding Company, etc.)
Article 8-3 (Restrictions on Establishment of Holding Company by Business Group subject to Limitations on Cross Shareholding)
Article 9 (Prohibition, etc. on Cross Shareholding)
Article 9-2 (Prohibition on Circular Shareholding)
Article 10 Deleted.
Article 10-2 (Prohibition on Debt Guarantees for Affiliates)
Article 10-3 Deleted.
Article 11 (Disenfranchisement of Voting Rights of Finance Company or Insurance Company)
Article 11-2 (Resolutions by Board of Directors on Large-Scale Internal Trading and Disclosure)
Article 11-3 (Disclosure of Material Facts by Unlisted Company, etc.)
Article 11-4 (Disclosure of Status, etc. of Business Group)
Article 12 (Reporting on Business Combination)
Article 12-2 (Special Cases concerning Procedures for Reporting Business Combination)
Article 13 (Reporting on Shareholding Status, etc.)
Article 14 (Designation, etc. of Business Groups Subject to Limitations on Cross Shareholding, etc.)
Article 14-2 (Inclusion in and Exclusion from Affiliates)
Article 14-3 (Presumptive Date of Inclusion and Notice of Affiliates)
Article 14-4 (Request for Confirmation of Materials to Relevant Institutions)
Article 14-5 (Disclosure of Information on Status, etc. of Business Groups subject to Disclosure)
Article 15 (Prohibition on Unlawful Practices)
Article 16 (Corrective Measures, etc.)
Article 17 (Penalty Surcharges)
Article 17-2 Deleted.
Article 17-3 (Enforcement Fines)
Article 18 (Enforcing Compliance with Corrective Measures)
CHAPTER IV RESTRICTIONS ON ILLEGAL CARTEL CONDUCT
Article 19 (Prohibition on Illegal Cartel Conduct)
Article 19-2 (Measures to Prevent Cartel Conduct in Relation to Bidding in Public Sector)
Article 20 Deleted.
Article 21 (Corrective Measures)
Article 22 (Penalty Surcharges)
Article 22-2 (Leniency Program, etc.)
CHAPTER V PROHIBITION ON UNFAIR TRADE PRACTICES AND PROVISION OF UNDUE BENEFITS TO RELATED PARTIES
Article 23 (Prohibition on Unfair Trade Practices)
Article 23-2 (Prohibition on Provision, etc. of Undue Benefits to Related Parties)
Article 23-3 (Prohibition on Retaliatory Measures)
Article 24 (Corrective Measures)
Article 24-2 (Penalty Surcharges)
CHAPTER VI BUSINESS ENTITIES' ORGANIZATION
Article 25 Deleted.
Article 26 (Prohibited Acts of Business Entities' Organization)
Article 27 (Corrective Measures)
Article 28 (Penalty Surcharges)
CHAPTER VII RESTRICTIONS ON PRACTICE OF RESALE PRICE MAINTENANCE
Article 29 (Restrictions on Practice of Resale Price Maintenance)
Article 30 (Modification of Resale Price Maintenance)
Article 31 (Corrective Measures)
Article 31-2 (Penalty Surcharges)
CHAPTER VIII (Articles 32 through 34-2) Deleted.
CHAPTER IX ENFORCEMENT AGENCY
Article 35 (Establishment of the Fair Trade Commission)
Article 36 (Functions of the Fair Trade Commission)
Article 36-2 (International Cooperation of the Fair Trade Commission)
Article 37 (Organization, etc. of the Fair Trade Commission)
Article 37-2 (Types of Meetings)
Article 37-3 (Subjects of Plenary Sessions and Sub-Committee Meetings)
Article 38 (Chairperson)
Article 39 (Term of Office of Commissioner)
Article 40 (Status Guarantee of Commissioners)
Article 41 (Prohibition on Commissioner's Political Activities)
Article 42 (Proceedings and Quorum)
Article 43 (Making Public Hearings and Resolutions and Confidentiality of Agreement)
Article 43-2 (Maintaining Order in Venue of Adjudicatory Proceedings)
Article 44 (Disqualification of, Challenge to, and Voluntary Refrainment by, Commissioners)
Article 45 (Preparation and Correction of Written Resolutions)
Article 46 (Timing of Determination as to Violation of the Act)
Article 47 (Establishment of Secretariat)
Article 48 (Provisions concerning Organization)
CHAPTER IX-2 ESTABLISHMENT OF KOREA FAIR TRADE MEDIATION AGENCY AND DISPUTE MEDIATION
Article 48-2 (Establishment, etc. of the Korea Fair Trade Mediation Agency)
Article 48-3 (Establishment and Organization of Fair Trade Dispute Mediation Council)
Article 48-4 (Meetings of Council)
Article 48-5 (Disqualification of, Challenge to, and Voluntary Refrainment by, Members of Council)
Article 48-6 (Filing Applications, etc. for Mediation)
Article 48-7 (Mediation, etc.)
Article 48-8 (Preparation of Settlement Agreement and Validity thereof)
Article 48-9 (Organization, Operation, etc. of Council)
CHAPTER X PROCEDURES FOR INVESTIGATIONS, ETC.
Article 49 (Recognition, Reporting, etc. of Violations)
Article 50 (Investigations, etc. of Violations)
Article 50-2 (Prohibition on Abusing Power of Investigation)
Article 50-3 (Application for Postponing Investigation, etc.)
Article 50-4 (Enforcement Fines, etc.)
Article 51 (Recommendation for Correction of Violations)
Article 51-2 (Consent Decrees)
Article 51-3 (Procedures for Adopting Consent Decrees)
Article 51-4 (Revocation of Consent Decrees)
Article 51-5 (Enforcement Fines, etc.)
Article 52 (Providing Opportunity to State Opinions)
Article 52-2 (Requests, etc. to Inspect Information)
Article 53 (Filing Objections)
Article 53-2 (Suspending Enforcement of Orders to Corrective Measures)
Article 53-3 (Service of Documents)
Article 54 (Filing Appeals)
Article 55 (Exclusive Jurisdiction over Appeals)
Article 55-2 (Case Handling Procedures)
CHAPTER X-2 IMPOSITION, COLLECTION, ETC. OF PENALTY SURCHARGES
Article 55-3 (Imposition of Penalty Surcharges)
Article 55-4 (Extension of Deadline for Paying Penalty Surcharges and Payment in Installments)
Article 55-5 (Liability to Jointly Pay Surcharges)
Article 55-6 (Collection of Penalty Surcharges and Disposition on Penalty Surcharges in Arrears)
Article 55-7 (Additional Payment on Refund of Penalty Surcharges)
Article 55-8 (Disposition on Deficits)
CHAPTER XI COMPENSATION
Article 56 (Liability for Compensation)
Article 56-2 (Transmission of Records)
Article 57 (Recognition of Damages)
CHAPTER XII EXEMPTIONS
Article 58 (Lawful Acts under Statutes)
Article 59 (Exercising Intangible Property Rights)
Article 60 (Acts of Specified Associations)
Article 61 Deleted.
CHAPTER XIII SUPPLEMENTARY PROVISIONS
Article 62 (Duty to Maintain Confidentiality)
Article 63 (Consultation on Enactment of Statutes Containing Competition-Restricting Provisions)
Article 64 (Cooperation from Heads of Relevant Agencies, etc.)
Article 64-2 (Payment of Rewards)
Article 64-3 (Restitution, etc. of Rewards)
Article 65 (Delegation and Entrustment of Authority)
Article 65-2 (Legal Fiction as Public Official in Application of Penalty Provisions)
CHAPTER XIV PENALTY PROVISIONS
Article 66 (Penalty Provisions)
Article 67 (Penalty Provisions)
Article 68 (Penalty Provisions)
Article 69 (Penalty Provisions)
Article 69-2 (Administrative Fines)
Article 70 (Joint Penalty Provisions)
Article 71 (Criminal Charge)