Chair Lee Gaeho: "Government Negligence in Management and Oversight Also a Cause"

The Democratic Party of Korea's Central Election Committee Dreamsanism Committee held a policy proposal meeting with entrepreneurs and consumers from the T-Mep Damage Alliance on the afternoon of the 24th at the National Assembly Members' Office Building Seminar Room 2. Photo by Lee Gaeho's office

The Democratic Party of Korea's Central Election Committee Dreamsanism Committee held a policy proposal meeting with entrepreneurs and consumers from the T-Mep Damage Alliance on the afternoon of the 24th at the National Assembly Members' Office Building Seminar Room 2. Photo by Lee Gaeho's office

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Lee Gaeho, Chair of the Dreamsanism Committee of the Democratic Party of Korea's Central Election Committee, announced on the 26th that he held a policy proposal meeting with entrepreneurs and consumers from the T-Mep Damage Alliance on the afternoon of the 24th at Seminar Room 2 of the National Assembly Members' Office Building.


The T-Mep Damage Alliance, which is composed of online entrepreneurs and consumers working together as a damage countermeasure committee, urged the government to take action, stating that although more than 100,000 online distribution platform businesses and consumers have suffered damages, the government has not even conducted an accurate investigation into the damages.


On that day, the affected businesses and consumers presented six policy tasks and called for active measures. The policy tasks they proposed are: ▲ promoting reform of the e-commerce settlement system; ▲ introducing a consumer refund priority structure and damage compensation system; ▲ strengthening monitoring systems to ensure transparency and fairness in market support projects; ▲ expanding online distribution education and capacity-building policies; ▲ establishing systems for e-commerce status surveys and legal and institutional improvements; and ▲ conducting online platform status surveys and promoting the Online Platform Act.


At the meeting, Chair Lee Gaeho pointed out, "It appears that several factors have been at play, including the Qoo10 Group's aggressive business expansion and alleged misappropriation of funds, T-Mep's own accumulated management failures and weak financial structure, and the practice of revolving fund operations using sales proceeds. However, the government's neglect of management and oversight, citing the private sector, has also been a cause." He added, "I will do my utmost to ensure that the policies proposed today are effectively implemented."





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