Hwang Won-cheol, newly appointed standing committee member.

Hwang Won-cheol, newly appointed standing committee member.

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The Fair Trade Commission announced on the 27th that it will appoint Hwang Won-cheol as the new Standing Commissioner and Ahn Byung-hoon as the Investigation Manager as of the 30th.


New Standing Commissioner Hwang passed the 41st Administrative Examination and entered public service in 1998. He has held key positions in major cases and policy departments, including Head of the Corporate Group Division, Head of the Competition Policy Division, Director of the Corporate Group Bureau, and Director of the Cartel Investigation Bureau at the Fair Trade Commission.


While serving as Director of the Cartel Investigation Bureau, he focused on investigating cartel cases closely related to daily life and essential goods, such as the 'built-in furniture bid-rigging' affecting apartment sale prices and maintenance fees. As Director of the Corporate Group Bureau, he sanctioned the Korean Tire Group for private profit-seeking through high-priced purchases of parts from affiliates.


A Fair Trade Commission official said, "Commissioner Hwang holds a Ph.D. in Industrial Organization Economics from the University of North Carolina and possesses excellent economic analytical skills. With his extensive experience in various cases and adjudication work, he is expected to make significant contributions to the Commission's rulings in the future."


New Investigation Manager Ahn passed the 40th Administrative Examination and joined the Commission in 1997. He has also served as Head of the Special Transactions Division, Head of the Cartel General Division, Spokesperson, and Adjudication Manager at the Fair Trade Commission.


While serving as Adjudication Manager, he promoted procedural reforms to expedite and enhance the Commission's review process, including expanding the scope of summary procedures. As Spokesperson, he produced the YouTube web drama "The Unfair Ones," the first of its kind by a central administrative agency, actively promoting the Commission's work and receiving high praise.



A Fair Trade Commission official said, "Investigation Manager Ahn has ample experience handling major cases and adjudication duties and holds a U.S. attorney license, which will further enhance trust as the Investigation Manager overseeing all Commission cases."


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

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