A view of the Korea Fair Trade Commission at the Government Complex Sejong in Sejong City/Courtesy of News1

On the 17th, it was learned that the Korea Fair Trade Commission set rules to discipline employees who met retired officials or people from corporations and still hid it two or more times. The aim is to block improper solicitations from outsiders.

According to the competition authority that day, the Korea Fair Trade Commission recently revised its rules on managing public officials' contacts with outsiders, centering on the above measures.

If a Korea Fair Trade Commission (FTC) employee met a retired public official, a person from corporations, or someone from a law firm, the employee must report that fact internally. In the past, the rules only said such concealment "may be subject to discipline," but the latest revision specifies the disciplinary criteria.

A Korea Fair Trade Commission (FTC) official said, "We will determine the level of discipline (such as pay cut or suspension) based on the seriousness of the case," and added, "Contacts that raise concern about the other party making a solicitation appear likely to be counted."

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