MONOPOLY REGULATION AND FAIR TRADE ACT
CHAPTER VII TRADE ASSOCIATIONS
조문단위인쇄
| Article 51 (Prohibited Acts for Trade Associations) |
| (1) | No trade association shall perform any of the following acts: |
| 1. | Unfairly restricting competition by performing an act prescribed in the subparagraphs of Article 40 (1); |
| 2. | Restricting the number of business entities that are currently operating or will operate in a particular business area; |
| 3. | Unreasonably restricting the business details or activities of member business entities (referring to business entities that are members of a trade association; hereinafter the same shall apply); |
| 4. | Causing a business entity to engage in unfair trade practices under Article 45 (1) or to engage in practices of resale price maintenance under Article 46, or aiding a business entity to do so. |
| (2) | Article 40 (2) and (3) shall apply mutatis mutandis to authorization for an act specified in paragraph (1) 1. In such cases, "business entity" shall be construed as "trade association". |
| (3) | The Fair Trade Commission may establish and publicly notify guidelines to be observed by trade associations, where necessary to prevent a violation of paragraph (1). |
| (4) | The Fair Trade Commission shall seek opinions from the heads of the relevant administrative agencies to establish the guidelines under paragraph (3). |