The Fair Trade Commission announced on the 11th that Chairman Sung-wook Cho held a meeting with representatives of six online platform companies to discuss the current status of damages and countermeasures to SMEs caused by unfair trade in the online platform field.
Chairman Cho explained that there is a blind spot for law enforcement that is difficult to regulate with the existing offline-centered Gaeul-related laws, in a situation where the digital economy is intensifying dependence on online platforms of small and medium-sized businesses, and various unfair trades are a concern due to the imbalance of power. .
Accordingly, it announced that the’Act on the Fairness of Online Platform Brokerage Transactions (On-Ple Act)’ has been established to prevent possible damages from participating companies and promote win-win cooperation.
Representatives of the six associations of small business owners and small business owners discussed the seriousness of the current situation of damage to stores due to unfair trade in the field of online platforms, and urged an swift legislation to protect 1.8 million stores.
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In response, Chairman Cho said, “We are heavily accepting the damage situation of SMEs and small business owners and the urgent voice of the industry urging for prompt countermeasures.” “We will solve the problem and lay the foundation for win-win cooperation between the platform and the participating companies,” he said.
In addition to the opinions of the platform operators, as well as the voices of small and medium-sized businesses and small business owners, in the legislative process of the National Assembly in the future, we carefully reviewed the various opinions of the participating companies requesting more proactive countermeasures against various unfair behaviors and damages of small and medium-sized businesses. I will make sure that it is reflected in a balanced way,” he added.