( October 29, 2025, 03:59 GMT | Official Statement) -- MLex Summary: South Korea’s competition regulator will revise the guidelines for penalties for violations of the Subcontracting Act to strengthen contractors’ obligations for workplace safety and accident prevention. The proposed revision by the Korea Fair Trade Commission will increase penalties on companies that pass on costs related to safety management to subcontractors through unfair contract terms. The revision, open for public comment until Nov. 17, raises the seriousness level of the unfair clauses from “medium” to “high,” which will result in higher penalties.The statement, in Korean, is attached....
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