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South Korea's Lee urges tougher antitrust enforcement, heavier fines

By Wooyoung Lee ( December 19, 2025, 10:19 GMT | Insight) -- South Korea President Lee Jae Myung on Friday urged the country's competition regulator to enhance enforcement and raise fines substantially to effectively deter antitrust violations. During a policy briefing to the president on 2026 policy priorities, the Korea Fair Trade Commission said it would review reducing the use of fixed-amount fines and consider calculating penalties using transaction values or illegal gains. South Korea’s competition regulator must step up enforcement and impose far heavier monetary penalties so that antitrust violations become unprofitable and effectively deterred, President Lee Jae Myung said on Friday....

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