KFTC Hosts Roundtable on Dark Patterns, Signaling Intensive Enforcement from August
On July 29, 2025, the Korea Fair Trade Commission (the “KFTC”) held an industry roundtable with key online platforms and e-commerce operators to assess compliance with recently enacted regulations on dark patterns and clearly conveyed its intent to strictly enforce the rules once the grace period concludes on August 13, 2025. The amended Act on …
Client Alert: the Korean Commercial Code Approved by the National Assembly – Key Implications and What To Do
On July 3, 2025, the National Assembly of Korea passed a set of significant amendments to the Korean Commercial Code aimed at enhancing corporate governance and shareholder equality. Based on subsequent debates following the previous presidential veto of April 2025, the new amendment embodies significant changes to corporate governance featured by (i) expansion of fiduciary duty …
Punitive Damages and Other Special Legal Provisions for Litigation Concerning Probability-Based Game Items
The landscape of gaming regulation is undergoing significant changes both in Korea and abroad. In a landmark development, Korea will introduce enhanced legal protections for consumers in probability-based game item disputes starting August 2025. These protections include treble damages and a reversed burden of proof in civil litigation relating to probability-based game items. While probability …
Overview of the Recent Amendments to the Act on Testimony and Appraisal Before the National Assembly
The recent amendments to the Act on Testimony and Appraisal Before the National Assembly, expected to take into effective in March 2025 (subject to change depending on official promulgation), strengthen corporate obligations for parliamentary testimony and introduce significant penalties for non-compliance. This alert outlines key changes and compliance recommendations for businesses operating in Korea.