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South Korea antitrust chief vows tougher crackdown on technology misappropriation

( September 25, 2025, 06:56 GMT | Official Statement) -- MLex Summary: South Korea’s antitrust regulator has vowed to make the eradication of technology theft a top priority, describing it as a structural market problem that undermines the innovation drive of small and venture firms while damaging the broader business ecosystem. Korea Fair Trade Commission Chair Ju Biung-ghi said at a meeting with industry representatives on Thursday that the agency will move beyond complaint-based enforcement and proactively detect hidden cases through ex officio probes, particularly in sectors prone to abuse. To address victims’ biggest challenge — difficulties in securing evidence and proving damages in lawsuits — the regulator plans to introduce a “Korean-style discovery” system for technology misappropriation cases and require courts to accept materials collected by KFTC investigators. It also announced plans to establish a relief fund, financed by fines imposed by the agency, to support litigation and provide financial assistance to affected SMEs.The statement, in Korean, is attached....

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