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KFTC chief stresses importance of regulators in digital economy

By Danbee Lee ( September 8, 2016, 02:46 GMT | Insight) -- Jeong Jae-chan, the chairman of the Korea Fair Trade Commission has emphasized the importance of the role of regulators in promoting competition and tackling new changes in the digital economy. Speaking at a competition forum in Seoul, Jeong said the digital economy had brought changes in all markets as developments in IT had expanded the scope of competition beyond the domestic market. Jeong Jae-chan, the chairman of the Korea Fair Trade Commission, or KFTC, has emphasized the importance of the role of regulators in promoting competition and tackling new changes in the digital economy....

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