SEJONG, Jan. 15 (Korea Bizwire) — South Korea’s antitrust regulator said Wednesday it has ordered Netflix Inc., a global internet entertainment service provider, to amend “unfair” terms and conditions in its subscription contracts. The Fair Trade Commission (FTC) said Netflix is required to notify subscribers of its plan to change fees and obtain consent from [...]
SEOUL, Dec. 30 (Korea Bizwire) — In the future, minors will be allowed to practice animal dissection only under certain exceptional circumstances, and fines will be imposed on those who violate this directive. The Ministry of Agriculture, Food and Rural Affairs on Sunday announced a revision to the enforcement ordinance that sets the standard for [...]
SEOUL, Sept. 23 (Korea Bizwire) — South Korean shopping mall operators are paying attention to the National Assembly’s upcoming decision on a new legislative bill during the regular session that starts on Thursday. The ruling party is currently pushing for stricter regulations that would require large-sized malls, so-called super supermarkets (SSMs), and shopping complexes to [...]
SEOUL, Aug. 9 (Korea Bizwire) — Current legislation is expected to be revised so that billiard halls will be permitted to open within 200 meters of middle and high schools in the near future. The Office for Government Policy Coordination on Thursday announced a number of regulatory innovations in the local economy and small- and [...]
SEOUL, Jul. 11 (Korea Bizwire) — Electric kickboards will now be legally allowed on bicycle paths. Although limited to certain areas and under strict regulations, electric kickboards are being legalized on bicycle paths for the very first time. The Ministry of Trade, Industry and Energy decided on Wednesday to make a special exemption to allow [...]
SEOUL, Jul. 3 (Korea Bizwire) — As a measure to prevent excessive consumption, regulations on caffeine will be expanded, with “total caffeine content” also displayed in coffee shops and bakeries that directly make and sell coffee starting next year. The newly introduced regulations, set forth by the Ministry of Food and Drug Safety, are an [...]
SEOUL, Apr. 27 (Korea Bizwire) – The box-office domination of “Avengers: Endgame” in South Korea has rekindled a drawn-out controversy over anti-monopoly regulation in the local cinema market. The finale of the Marvel “Avengers” series hit 3.2 million admissions as of Friday, the third day of its release in the country, according to data from [...]
SEOUL, Mar. 20 (Korea Bizwire) — South Korea’s agriculture ministry said Wednesday it will implement a tougher set of rules on raising fierce dogs to better protect people and animals. The Ministry of Agriculture, Food, and Rural Affairs said the new rules will require owners of dog breeds known for aggressiveness to receive mandatory education [...]
SEOUL, Mar. 19 (Korea Bizwire) — New city government regulations will set a minimum size for rooms in gosiwon, Korean-style boarding houses, and mandate the inclusion of a window. Seoul city announced plans on Monday to establish housing guidelines for gosiwon following the Gukil Gosiwon building fire accident last November which killed 7 people. According [...]
SEOUL, Mar. 12 (Korea Bizwire) — Police said they are considering restricting elderly people’s driving at night and on expressways as part of measures to improve the nation’s traffic safety. The National Police Agency (NPA) said Tuesday that it will map out comprehensive measures including law revisions by year’s end to cope with a growing [...]