Self-regulatory regime "seems inevitable" following launch of pilot study
The Korea Communications Commission will launch the Online Privacy Protection Regulation System, beginning with a pilot study targeted at the online retail, search engines, gaming, broadcasting and Telecommunications industries.
The study will involve 66 companies that will have to self-diagnose their operations through checklists provided by the KCC. The KCC will then prepare customized checklists for the games, portals and pay-tv industries by the end of this year.
Kyoung Yeon Kim, Partner at Yulchon LLC, said, "A self-regulatory regime seems to be inevitable now, considering the enormous number of players in the market and comparatively limited government resources to monitor and regulate each and every one of their activities”.