"Preventing Unfair Subcontracting Practices with AI"...Fair Trade Commission Launches Platform Development Project
Contract Drafting and Penalty Reduction Review with AI
The competition authorities will launch a platform incorporating artificial intelligence (AI) technology next year to prevent unfair subcontracting contracts.
On October 3, the Korea Fair Trade Commission announced that it would invest 1.8 billion won to establish the "AI-Based Subcontract Contract Fairness Support Platform," aiming to open it by the end of next year.
The plan is to apply AI technology to the drafting and review process of subcontracting contracts to detect unfair practices in advance and prevent disputes.
When users input basic information such as the contract name and contract amount, a generative AI trained on standard subcontracting contracts and case precedents by industry will be able to draft a subcontract contract template.
Additionally, the platform will include a function that automatically checks whether tens of thousands of contracts submitted to the Fair Trade Commission by companies seeking to reduce their penalty points comply with the standard subcontracting contract.
To ensure fair contract arrangements for small private businesses, the commission is also considering opening this service to the private sector.
During platform operation, the Fair Trade Commission plans to simultaneously pursue quality management of AI training data, establish legal and ethical guidelines, and manage the security of AI training data and models to provide a stable and reliable service.
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The Fair Trade Commission stated, "Once the platform is established, it will not only help prevent disputes and legal violations, but also ultimately serve as an opportunity to enhance fairness and transparency throughout the subcontracting contract process. It is also expected to improve the efficiency and reliability of the penalty reduction review work."
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