( October 29, 2025, 03:20 GMT | Official Statement) -- MLex Summary: South Korea’s competition regulator on Wednesday put out for comment an amendment to its case-handling rules aimed at speeding up investigations while improving procedural clarity and transparency. According to the Korea Fair Trade Commission, the draft raises internal thresholds for examiner-delegated warnings and newly allows such warnings when business group-designation filings are delayed for less than 30 days due to simple oversight and then self-reported. It also expands the simplified procedure by lifting the eligibility ceiling from 300 million won ($209,000) to 1 billion won in administrative fines, retaining up to a 20 percent reduction for companies under investigation who admit violations and forego an oral hearing. Procedurally, the regulator would have to give written notice within five days when commissioners issue a re-investigation order, and companies would get longer to file defenses — eight weeks for plenary cases and six weeks for sub-panel matters. The comment period runs for 21 days until Nov. 19.The statement, in Korean, is attached....
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