[New Year's Address] Kim Hyung-bae, Head of the Korea Fair Trade Mediation Agency, "We Will Improve the Dispute Mediation System"

[Asia Economy Reporter Eunju Lee] On the 2nd, Kim Hyung-bae, President of the Korea Fair Trade Mediation Agency, stated, "We will take the lead in reorganizing the dispute mediation system and innovating services to strengthen the victim relief function."

In his New Year's address that day, President Kim said, "We must actively support the enactment of the integrated dispute mediation law currently underway and the legal amendment for the introduction of standing commissioners to ensure a successful conclusion," adding, "The advisory and appraisal system planned to be introduced in the subcontracting sector must be properly prepared and well established to ensure accurate fact-finding and the presentation of detailed mediation proposals."

He continued, "In response to the Kakao data center fire, demands for addressing the monopolistic structure of platform companies and unfair trade practices are increasing," and added, "If the subcontracting price linkage system is introduced, disputes related to the adjustment of delivery payments are also expected to increase significantly."

President Kim emphasized, "To impress our clients with our agency's services, we must further expand demand-oriented customized services and diversify job training, including overseas institutional training, to enhance mediation expertise." In particular, he said, "The newly expanded and reorganized Franchise Distribution Platform Team must respond more systematically and meticulously to the rapidly increasing platform transaction disputes."

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