SOUTH KOREA Law and Practice Contributed by: John H. Choi, Changhun Lee, Hyunah Kim and Jae-Hyuk Choi, Shin & Kim
internal and external uncertainties that have increased the risk of economic recession. As a result, the burden on small and medium-sized enterprises, small business owners, and con - sumers – who are sensitive to economic fluc - tuations – has intensified. Against this backdrop, the KFTC expressed concern over the potential rise of cartels exploiting such economic anxiety and announced that it would strengthen moni - toring of cartels that undermine market vitality and directly increase the economic burden on the public.
For specific sectors the KFTC has chosen to focus on, see 7.4 Focus on Certain Industries/ Sectors .
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