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Fair Trade Commission Policy Direction Discussion: Seeking a Balance Between Regulation, Innovation, and Competitiveness

Fair Trade Commission Policy Direction Discussion: Seeking a Balance Between Regulation, Innovation, and Competitiveness
Thursday, October 23, 202508:00 AM to 9:00 AM KST
Webinar (Conducted in Korean)온라인 웨비나 (한국어 진행)

Event Summary

With the appointment of a new Chairman at the Korea Fair Trade Commission (KFTC) and the Commission’s planned organizational reform, Korea’s competition policy stands at a crossroads. Key debates now center on whether the KFTC should narrow its focus to core competition issues—such as platform regulation and global cartel enforcement—leaving corporate governance to company and securities law, as in the United States and Europe; or whether Korea’s unique chaebol structures justify continued, even stronger intervention by the KFTC. At the same time, questions remain over the need for a dedicated platform law such as the proposed Online Platform Fairness Act, and how to ensure long-term coherence and consistency across Korea’s regulatory framework.

Some experts argue that stronger enforcement and new statutes are needed to level the playing field, curb abuses of market power, and protect consumers. Others caution that excessive regulation could stifle innovation, harm both small and large businesses, and weaken Korea’s global competitiveness.

To shed light on these critical questions, the Information Technology and Innovation Foundation (ITIF), a U.S.-based think tank, is convening an online debate in Korean. The session will borrow elements of an Oxford-style format, featuring prominent experts on both sides of the regulatory divide. Each speaker will present their perspective in an eight-minute statement, followed by audience Q&A.

Please join us for this timely discussion on the future of Korea’s competition policy and digital economy.

Questions for the speakers? Ask on Slido.

공정거래위원회 정책 방향 토론: 규제·혁신·경쟁력의 균형 모색

신임 공정거래위원장 취임과 조직개편 계획을 계기로, 한국의 경쟁정책은 중요한 분기점에 서 있습니다. 특히 ▲상법과 공정거래위원회의 역할 분담, ▲온라인플랫폼공정화법 제정 필요성, ▲중장기적 규제 일관성 확보 방안 등이 주요 쟁점으로 떠오르고 있습니다.

일각에서는 경쟁 촉진과 소비자 보호를 위해 보다 강력한 집행과 새로운 법률 제정이 필요하다고 주장합니다. 반면 과도한 규제는 혁신을 저해하고 대기업 및 중소기업 모두에 부담을 주며, 한국의 글로벌 경쟁력을 약화시킬 수 있다는 우려도 제기됩니다.

이에 미국 워싱턴 D.C. 소재 싱크탱크 정보기술혁신재단(ITIF)은 관련 쟁점을 심도 있게 논의하기 위해 온라인 공개토론회를 마련했습니다. 본 토론회는 옥스퍼드식 토론의 형식을 일부 차용하여, 연사들이 각각 8분간 입장을 발표한 후 질의응답 및 마무리 의견을 교환하는 방식으로 운영됩니다.

이번 토론회는 한국 경쟁정책과 디지털 경제의 미래를 모색하는 뜻깊은 논의의 장이 될 것입니다. 많은 관심과 참여를 부탁드립니다.

Speakers

Hwijin (HJ)
Partner
Bae, Kim & Lee
Panelist
Dae Sik
Dean
Sogang University Law School
Panelist
Sejin
Associate Director, Center for Korean Innovation and Competitiveness
Information Technology and Innovation Foundation
Moderator
Woojin
Professor
Seoul National University Business School
Panelist
Kyung Sin (KS)
Professor
Korea University Law School
Panelist
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