On January 4, 2022, the Korea Fair Trade Commission (the "KFTC") announced its 2022 Enforcement Plan (the "2022 Plan").  The enforcement plans, published annually by the KFTC, present a comprehensive overview of the KFTC's enforcement priorities for the year ahead.

The 2022 Plan presents the KFTC's roadmap to achieve its goal for the year under the slogan, "Fair Market, Innovation, and Consumers at the Forefront" and sets out the following as central tasks: (i) promote competition and protect consumer rights and interests in the digital economy, (ii) create an inclusive transactional environment between small and medium-sized enterprises ("SMEs") and large conglomerates, (iii) respond to unfair trade practices and consumer harms occurring during the "return-to-normal" phase of the COVID-19 pandemic, and (iv) promptly respond to unfair trade practices and provide damage relief.

For a more detailed summary of the 2022 Plan and its implications, please refer to the attachment.
 

[Attachment] Summary of KFTC's Enforcement Plan for 2022

[Korean version]