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Bill to scrap KFTC's exclusive right to refer cases for criminal probe proposed by lawmaker

By Choi Hyung-jo ( July 21, 2020, 08:15 GMT | Insight) -- A bill to scrap the exclusive right of the South Korean competition regulator to refer cases for criminal probe has been proposed by a lawmaker, continuing a debate within the country on giving more power to prosecutors over antitrust matters. Jung Chung-rae, a lawmaker for the ruling Democratic Party, on Monday proposed revisions to the Monopoly Regulation and Fair Trade Act to amend provisions related to the Korea Fair Trade Commission’s exclusive right to referral. A bill to scrap the exclusive right of the South Korean competition regulator to refer cases for criminal probe has been proposed by a lawmaker, continuing a debate within the country on giving more power to prosecutors over antitrust matters....

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