This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

South Korean legislator proposes 'anti-Volkswagen law'

( August 17, 2016, 08:02 GMT | Insight) -- South Korean opposition party legislator Lee Yong-deuk has proposed a bill to revise the Noise and Vibration Control Act, also known as the "anti-Volkswagen Law", to impose fines on automakers for selling cars that don’t pass noise level tests, Asia Today reports.South Korean opposition party legislator Lee Yong-deuk has proposed a bill to revise the Noise and Vibration Control Act, also known as the "anti-Volkswagen Law," to impose fines on automakers for selling cars that don’t pass noise level tests, Asia Today reports. The amendment would also provide for penalties for automakers that sell cars that are not same as the ones used for testing. Previously, Audi Volkswagen Korea faced fines of 17.8 billion won ($16.1 million) for cheating emissions test results for 24 models, but it did not receive any penalty for eight models for which noise level tests were faked because there was no relevant law. Lee proposed fines worth 3 percent of related sales revenues. ...

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Related Sections