EL7.AI
GeneralMedium•25 October 2026•
1 min read

KFTC Chair Proposes 1% Sales Surcharge for Investigation Refusal

Key Facts

1The KFTC chairman proposed a surcharge of 1% of total sales for companies refusing to cooperate with investigations to improve enforcement efficiency.

The chairman of the Korea Fair Trade Commission proposed a surcharge equivalent to 1% of total sales for companies that refuse to cooperate with investigations. Chosun Ilbo reported that the proposal seeks to improve enforcement efficiency against entities that obstruct regulatory proceedings.

The legislative proposal follows instances where major companies, including Coupang and Hanwha, allegedly refused to comply with commission investigations. CPNG closed at $13.9 on October 23, 2026, as the market assesses increased regulatory risks and potential financial penalties for firms operating in South Korea.