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South Korea Act on Fair Labeling and Advertising 1999 - KFTC Misleading Advertising Enforcement

South Korea's Act on Fair Labeling and Advertising (Law No. 5814, 1999, as amended through 2023) prohibits false, exaggerated, and misleading advertising;…

What South Korea Act on Fair Labeling and Advertising 1999 - KFTC Misleading Advertising Enforcement requires

South Korea's Act on Fair Labeling and Advertising (Law No. 5814, 1999, as amended through 2023) prohibits false, exaggerated, and misleading advertising; empowers the Korea Fair Trade Commission (KFTC) to order corrective advertising, impose fines up to KRW 2,000,000,000, and mandate temporary advertisement suspensions; requires substantiation upon demand; and covers online platforms, influencer marketing, and comparative advertising with specific prior approval rules.

Pillar: Sales, Marketing & PR · Authority: Korea Fair Trade Commission (KFTC - Gongjeong Georeae Wiwonhoe) · Version: 1.0.0 · Last updated:

Primary source: https://www.ftc.go.kr/eng/

SHA-256 integrity: 5484ff8e6ddfd5ab5bf8bb1d13c4a9425148c6b1b53f51eadf2fc99d1ce26d34

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