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South Korea: FTC head vows tightened grip over competition

By  |  October 27, 2013

The head of South Korea’s Fair Trade Commission has vowed to intensify the regulator’s enforcement of competition law to crack down on price-fixing and other anticompetitive practices.

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    At a press conference, FTC Chairman Noh Dae-lae promised to “produce results” in efforts to establish a fair business environment. The watchdog said he plans to “strengthen our enforcement power” going forwards.

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