GS Shop Sponsors the '2023 Consumer Damage Prevention Contest'
Prize Money Totaling 10 Million KRW Awarded
GS Shop announced on the 17th that it will sponsor the ‘2023 Consumer Damage Prevention Contest’ organized by the Korea Consumer Education Support Center (KOINCE).
![GS Shop sponsors the '2023 Consumer Damage Prevention Contest.' <br>[Photo by GS Retail]](http://www.asiae.co.kr/news/img_view.htm?img=2023051708470433344_1684280824.jpg)
GS Shop sponsors the '2023 Consumer Damage Prevention Contest.'
[Photo by GS Retail]
This contest was prepared to protect consumers from various damages arising from the rapid growth of online and secondhand transactions after COVID-19. The contest period is from the 17th to the 30th of this month, and university and graduate students can participate individually or in teams of up to four members. Participants are required to create and submit a card news of 8 to 10 pages or a video within 3 minutes on the theme of consumer damage prevention. The detailed topics include ▲Prevention of consumer damage in online transactions ▲Prevention of consumer damage in secondhand transactions ▲Prevention of consumer fraud damage, among others.
The contest results will be announced on the 16th of next month, and the awards ceremony will be held on the 29th. The grand prize, the Fair Trade Commission Chairman’s Award, will be given to one team with a certificate and a prize of 2 million KRW. Two teams will receive the Excellence Award with certificates and prizes of 1.5 million KRW each, awarded by the Korea Consumer Agency President and the GS Retail Home Shopping President. A total prize money of 10 million KRW will be awarded. The winning content from the contest will be utilized at universities nationwide with consumer studies departments, consumer education support centers, and YouTube channels.
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A GS Shop official stated, “Protecting consumers is one of the social responsibilities of distribution companies, which is why we decided to sponsor this contest.” He added, “As a business leading online shopping through TV home shopping, data home shopping, live commerce, and mobile applications, we will take the lead in protecting consumer rights and practice ESG (Environmental, Social, and Governance) management.”
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