Search result for KFTC
KFTC PLANS TO REVISE E-COMMERCE TRANSACTION LAWS
Highlights –
- KFTC plans to revise e-commerce transaction laws.
- The revision is to be made due to growing rise in online platform-based trade.
- KFTC will revise the 2002 Act on Consumer Protection in Electronic Commerce of the country.<...
KFTC REVIEW THE DEAL BY KOREAN AIR TO BUY ASIANA AIRLINES INC.
Highlights –
- KFTC review the deal by Korean Air to buy Asiana Airlines Inc.
- KFTC will see if the merger could constitute a monopoly or hurt market competition.
- Korean Air in November 2020 said that it will acquire its smaller rival As...
SOUTH KOREA ADDS BIOMETRIC AUTHENTICATION FOR MOBILE TRANSACTION SECURITY
HIGHLIGHTS
- KFTC has introduced new biometric authentication model to prevent fraud in online transaction.
- Expressing concerns about invulnerability on online banking system and sensor hardware, KFTC said that hacking verification devices such as smart...