By Wooyoung Lee and Jenny Lee ( February 26, 2026, 05:35 GMT | Insight) -- South Korea’s competition regulator was faulted by the country’s audit watchdog over some core parts of its enforcement work, with auditors flagging loopholes in cartel leniency, inflated preliminary fine calculations and inconsistent standards in parts of case handling, including a medical-device rebate case.South Korea's audit watchdog found shortcomings in several key areas of the country's antitrust enforcement. In its annual audit of the Korea Fair Trade Commission, or KFTC, the Board of Audit and Inspection of Korea flagged loopholes in the leniency framework, criticized gaps between estimated fines in the review stage and final penalties and questioned the KFTC's enforcement approach in a medical-device rebate case. ...
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