“Act on the Protection of Consumer Interests in Transactions on Digital Platforms”

Committee:
Intellectual Property Rights
status:
Negative progress
Published:
The "Act on the Protection of Consumer Interests in Transactions on Digital Platforms" was enacted in May 2022. With its enactment and enforcement, it appeared that many relevant platforms—albeit to varying degrees—reviewed their intellectual property protection measures. However, as public attention toward the law has faded, there is a growing sense that the necessity of its enforcement, and even its very existence, is being overlooked.

Recommendations

  • The enforcement of identity verification for sellers and proper disclosure under the Act and the Act on Specified Commercial Transactions is insufficient.
  • Therefore, the revision clause stipulated in the Act should be utilized to strengthen the legal framework.