Fair Trade - POSCO A&C

Fair Trade Act

Law

Monopoly Regulation and Fair Trade Act
Enforcement Decree

Enforcement Decree of the Monopoly Regulation and Fair Trade Act

Notifications and Guidelines

Abuse of Market-Dominant Position	ㆍ Notification designating detailed types of abuse of transaction position in continuous resale transactions, etc. ㆍ Notification on operation of corrective measure reduction systems for voluntary reporters of unfair collaborative acts, etc. ㆍ Review standards for abuse of market-dominant position
Business Combinations	ㆍ Standards for imposing compulsory fines for non-compliance with business combination corrective measures ㆍ Standards for imposing business combination corrective measures ㆍ Standards for imposing fines for violations of business combination notification regulations ㆍ Business combination review standards
Economic Power Concentration Restraint	ㆍ Regulations on disclosure of important matters of companies belonging to large business groups subject to disclosure ㆍ Standards for imposing fines for violations of regulations on disclosure of important matters by companies belonging to disclosure-target business groups ㆍ Regulations on board resolutions and disclosure for large-scale internal transactions ㆍ Standards for imposing fines for violations of board resolution and disclosure obligations for large-scale internal transactions ㆍ Interpretation guidelines for holding company-related regulations ㆍ Guidelines for reporting establishment and conversion of holding companies and stock ownership status of holding companies, etc. ㆍ Operating guidelines for family member independent management recognition system ㆍ Interpretation guidelines for merger-related circular investment prohibition regulations
Unfair Collaborative Acts	ㆍ Application guidelines for the authorization of collaborative acts and competition-restricting acts ㆍ Collaborative act review standards ㆍ Business association activity guidelines ㆍ Review guidelines for unfair collaborative acts in bidding ㆍ Review guidelines for unfair collaborative acts involving administrative guidance
Unfair Trade Practices	ㆍ Notification of types of [unfair trade practices] in parallel imports ㆍ Review guidelines for unfair support acts ㆍ [Unfair trade practices] review guidelines ㆍ Types and standards of [unfair trade practices] and abuse of market-dominant position in the newspaper industry ㆍ Review guidelines for resale price maintenance acts ㆍ Scope of copyrighted works where resale price maintenance acts are permitted ㆍ Review guidelines for abuse of transaction position against special-type workers
Review Procedures	ㆍ Regulations on submission of economic analysis opinions, etc. ㆍ Rules for maintaining order in hearings of the Korea Fair Trade Commission ㆍ Rules on Korea Fair Trade Commission meeting operations and case procedures, etc. ㆍ Operating guidelines for publicizing corrective orders issued by the Korea Fair Trade Commission ㆍ Korea Fair Trade Commission guidelines for reporting violations of the Monopoly Regulation and Fair Trade Act, etc. ㆍ Rules on operation and procedures of the consent decision system ㆍ Guidelines for handling re-notification cases
Review Procedures	ㆍ Regulations on operating fair trade compliance programs and providing incentives, etc. ㆍ Regulations on paying rewards to whistleblowers of Fair Trade Act violations, etc. ㆍ Korea Fair Trade Commission case record management regulations ㆍ Guidelines for disclosure of Korea Fair Trade Commission decisions, etc. ㆍ Rules on Korea Fair Trade Commission investigation procedures ㆍ Korea Fair Trade Commission corrective measure operation guidelines ㆍ Notification on standards for extending surcharge payment deadlines and installment payment of surcharges ㆍ Standards for processing surcharge refund operations ㆍ Notification on detailed standards for imposing surcharges, etc. ㆍ Expense payment regulations for interested parties under the Monopoly Regulation and Fair Trade Act ㆍ Operating guidelines for requests for preliminary review of violations of the Monopoly Regulation and Fair Trade Act, etc. ㆍ Review guidelines for competition-restricting provisions in laws and regulations, etc. ㆍ Review guidelines for unfair exercise of intellectual property rights

Subcontract Act

Law

Fair Transactions in Subcontracting Act
Enforcement Decree

Enforcement Decree of the Fair Transactions in Subcontracting Act

Notifications and Guidelines

ㆍ Exemption targets for construction subcontract payment guarantees
ㆍ Regulations on establishment and operation of technical review advisory committees
ㆍ Review guidelines for technical data provision demands and misappropriation acts
ㆍ Standards for implementation evaluation of fair trade agreements between large enterprises and small and medium enterprises (SMEs) (subcontracting sector)
ㆍ Review guidelines for unfair special agreements
ㆍ Review guidelines for unfair contract cancellation, receipt refusal, and return acts
ㆍ Review guidelines for unfair subcontract payment determination and reduction acts
ㆍ Notification of delayed interest rates for delayed payments of advance payments, etc.
ㆍ Notification of discount rates for subcontract payments by promissory notes
ㆍ Notification of scope of services in service outsourcing
ㆍ Notification of scope of knowledge and information outputs in service outsourcing
ㆍ Notification of scope of goods subject to manufacturing outsourcing
ㆍ Guidelines for fair subcontract transactions
ㆍ Designation notification of subcontract payment management systems
ㆍ Notification on standards for imposing surcharges on businesses violating the Subcontract Act
ㆍ Notification of types of business management information prohibited from being demanded under the Subcontract Act

Mutually Beneficial Cooperation Act

Fair Trade Trends

- Announcements
- Dispute Mediation Cases