( November 9, 2026, 03:13 GMT | Official Statement) -- MLex Summary: South Korea's antitrust regulator has proposed new rules governing independent monitors responsible for overseeing compliance with merger remedies, seeking to strengthen supervision of commitments imposed on companies to address competition concerns. The Korea Fair Trade Commission said Monday that merging companies would be required to obtain its approval when appointing monitors and setting their compensation, while the regulator could demand their removal if concerns arose over their independence or impartiality. The monitors, operating either as committees or individual supervisors, would be empowered to request company records, conduct on-site inspections and report regularly to the regulator. The proposed amendments would formalize arrangements currently governed by broader enforcement guidelines, drawing on practices in the US and EU, with public comments accepted from Nov. 10 through Dec. 1.Statement is attached (in Korean). ...
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