Antitrust Antitrust

CJ Olive Young hit with $1.4 million fine by South Korean competition regulator for breaching retail rules

By Jenny Lee
  • 07 Dec 2023 03:57
  • 07 Dec 2023 04:03
CJ Olive Young, a leading South Korean health and beauty retailer, has been fined 1.9 billion won (about $1.4 million) and issued corrective orders by the country’s competition regulator for violating large business retail regulations.

The Korea Fair Trade Commission, or KFTC, in a statement released this morning (see here), also a

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Jenny Lee


Jenny joined MLex’s Seoul bureau in 2021 as a correspondent focusing on competition law and data privacy and security. Jenny received a Master’s degree from Northwestern University’s renowned Medill School of Journalism and worked for a number of news organizations in the US, including the Associated Press Television News, McClatchy and Voice of America, where she worked for almost three years in Washington DC. She returned to her native South Korea in 2019 as a reporter for Wired Korea.

Discover MLex

Stay on top of global regulatory developments

Latest News