Nominee for new KFTC chief Ju signals hard line on conglomerates, Big Tech

By Jenny Lee and Wooyoung Lee ( August 14, 2025, 07:43 GMT | Insight) -- South Korean President Lee Jae Myung has nominated Seoul National University economics professor Ju Biung-ghi to lead the Korea Fair Trade Commission, signaling a potential shift toward more aggressive scrutiny of conglomerates and dominant online platforms. A long-time adviser to Lee and an advocate for dismantling structural privileges, Ju has pledged to strengthen competition, protect smaller market players and increase transparency in enforcement. He will face a confirmation hearing before starting his three-year term.Ju Biung-ghi stepped into his temporary office in Seoul today to prepare for his confirmation hearing, bringing with him the same philosophy that has defined his decades in academia — that markets must work for everyone, not just the powerful....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.

Know what others in the room don’t, with features including:

Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Nominee for new KFTC chief Ju signals hard line on conglomerates, Big Tech

Prepare for tomorrow’s regulatory change, today

Related Sections