Fair competition in manufacturing is ensured through the Monopoly Regulation and Fair Trade Act, which prohibits anti-competitive practices and promotes a level playing field for manufacturers.
Product recall and liability in South Korea are governed by the Consumer Protection Act and the Act on the Safety of Consumer Chemical Products, which establish procedures for recalls and…
Technology adoption in manufacturing is regulated through various policies and incentives aimed at promoting innovation, particularly in high-tech and advanced manufacturing sectors.
The South Korean government supports sustainable manufacturing through incentives such as tax reductions, grants, and subsidies for companies implementing environmentally friendly practices and technologies.
Cross-border supply chains in South Korea are regulated under customs laws and trade agreements, which require compliance with both national and international standards for goods traded across borders.
