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South Korea's president seeks compulsory investigation powers for antitrust watchdog

By Jenny Lee ( December 9, 2025, 08:58 GMT | Insight) -- South Korean President Lee Jae Myung has ordered a review of granting compulsory investigative powers to the country’s antitrust watchdog and other regulators that impose administrative fines, arguing that the current reliance on criminal prosecution is costly and often ineffective in dealing with economic violations that harm large numbers of consumers. The directive is expected to accelerate legal reforms shifting South Korea's corporate enforcement paradigm from criminal punishment toward economic sanctions.South Korean President Lee Jae Myung has ordered a review of granting compulsory investigative powers to the country’s antitrust watchdog and other regulators that impose administrative fines, arguing that the current reliance on criminal prosecution is costly and often ineffective in dealing with economic violations that harm large numbers of consumers....

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