Market Chatter: Washington-Based CCIA Raises FTA Violation Concerns Over South Korea's Platform Law

MT Newswires Live

Mar 05, 2025

Washington-based Computer & Communications Industry Association (CCIA) accused South Korea's Fair Trade Commission (FTC) of bypassing transparency obligations under the Korea-US Free Trade Agreement (FTA) while drafting the platform law.

CCIA claims the FTC failed to provide prior notice or allow public opinions, violating Article 21 of the FTA, Pulse News reported Tuesday.

The CCIA also criticized the exclusion of Chinese platforms such as Alibaba and TikTok from regulation, arguing it posed disadvantages for US firms. The FTC pledged to review the concerns and ensure compliance with trade rules, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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The FTC pledged to review the concerns and ensure compliance with trade rules, the report said.</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FTC","symbol_name":"First Trust Large Cap Growth Opp","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2517956739","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517956739","pubTimestamp":1741146930,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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The FTC pledged to review the concerns and ensure compliance with trade rules, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}