Fair Trade Commission selects 'Opening Corporate Group Meal Contracts' as Q1 Best Active Administration Case

[Sejong=Asia Economy Reporter Joo Sang-don] The Fair Trade Commission announced on the 4th that it selected "Opening up group meal service contracts of large business groups" and "Introduction of a limited data inspection system" as the "Q1 Best Practices in Proactive Administration" and designated six employees involved in these tasks as "Outstanding Public Officials in Proactive Administration."

Kim Hyo-sik, administrative officer of the Internal Transaction Monitoring Division, and investigators Kim Do-hyung and Jang Yu-na were selected as Outstanding Public Officials in Proactive Administration for their contributions to improving the closed internal transaction practices of large business groups and expanding business opportunities for independent companies by opening up contracts in the group meal service market.

A Fair Trade Commission official stated, "Instead of sticking to the usual approach of investigating and sanctioning individual companies, we made efforts through direct consultations with companies to improve internal transaction practices across the group meal service market. By improving the practice of concentrating contracts on specific companies solely because they are affiliates or family-related companies, we expect that the quality of services will improve through competition and new business opportunities will open for independent companies operating in the group meal service industry."

Three officials from the Office of the Chief Judge, Seo Ji-young, senior secretary, and administrative officers Ryu Soo-jung and Han Ho-young, were recognized for their active efforts to improve work procedures by introducing a limited data inspection system that simultaneously ensures the defense rights of companies and protects the trade secrets of stakeholders, and were selected as Outstanding Public Officials in Proactive Administration. They separately established a limited data inspection room (data room) equipped with CCTV inside the Fair Trade Commission building to protect trade secrets while satisfying the defense rights of companies. Additionally, they signed a memorandum of understanding (MOU) with the Korean Bar Association to initiate disciplinary procedures in case of trade secret leaks and contributed to the amendment of the Monopoly Regulation and Fair Trade Act to impose penalties.

Employees selected as Outstanding Public Officials in Proactive Administration receive commendations from the Chairman of the Fair Trade Commission along with preferential treatment in personnel matters.

This content was produced with the assistance of AI translation services.