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Fair Trade Commission (South Korea)
The Korea Fair Trade Commission (KFTC) is South Korea's regulatory authority for economic competition. It was established in 1981 within the Economic Planning Board. The establishing law was the Monopoly Regulation and Fair Trade Act (MRFTA), Law No. 3320, December 31, 1980. In 1994, the Fair Trade Commission and its Secretariat were separated from the Economic Planning Board as an independent vice ministerial-level, central administrative organization. In 1996, the status of the KFTC Chairman was elevated from vice-ministerial to ministerial level.
==Organization==
The original KFTC had five commissioners from 1981 to 1990. This was increased to seven commissioners from 1990 to 1997. Since 1997 the KFTC has had nine commissioners, which includes a Chairman, a Vice-Chairman, and three other standing commissioners. There are four non-standing commissioners. The KFTC is supported in its work by a Secretariat.
The current KFTC Chairman is Jeong Jae-Chan.
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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