The Fair Trade Commission introduces Google and Naver sanctions to the OECD… Discuss digital market issues

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OECD Begins to Prepare Recommendations for Enforcement of Digital Market Competition Law

The Fair Trade Commission will introduce cases of sanctions against Google and Naver and discuss standards for judging digital market dominance at a meeting of competition authorities of the Organization for Economic Cooperation and Development (OECD) member countries.

At this meeting, the OECD is expected to start preparing recommendations to provide guidelines for digital market competition policy and law enforcement.

At the regular meeting of the OECD Competition Committee to be held from the 20th to the 24th, the Fair Trade Commission submitted a report on ‘market definition and dominance judgment standards in the digital market’ and ‘abuse of trading position using purchasing power’ to the international community. announced that they would introduce

The Competition Committee, a policy committee under the OECD Secretariat, is an organization where representatives of competition authorities from 38 OECD member countries discuss international issues related to competition law and future tasks, and holds regular meetings twice a year.

At this meeting, the Fair Trade Commission shared examples of cases in which Google and Naver abused their market power, using page views and number of users rather than sales to determine market power, and defining the market based on innovation activities occurring in the development stage. plan to do

In order to increase the predictability of business operators regarding the enforcement of the Fair Trade Act in the digital market, it will also introduce the review guidelines that contain specific judgment criteria.

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The European Union (EU), the United States, Germany, etc. have introduced or are in the process of introducing a method that recognizes dominance over platform operators of a certain size or higher regardless of market share by reflecting the characteristics of the digital market. .

At this meeting, the OECD is expected to start preparing recommendations to provide guidelines for digital market competition policy and law enforcement.

The FTC explained that the recommendations will include characteristics of the digital market, analysis methods, types of anti-competitive behavior, criteria for reviewing business combinations, and domestic and international cooperation measures.

Meanwhile, the Fair Trade Commission also decided to introduce the contents and implementation cases of the Large-scale Distribution Business Act, which regulates large-scale retailers who abuse their trading status by shifting costs to suppliers or unfairly returning them.

They will also discuss issues such as temporary suspension orders issued in cases of significant illegality, competition law enforcement issues related to small personal transportation in the region such as electric kickboards, and post-mortem examination of business combinations.

/yunhap news

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