[Bills in Focus] Fair franchise practices, prevention of disinformation spread


Proposed Bill: Partial Amendment to the Commercial Act Proposed by Rep. Jeong Jun-ho (Democratic Party of Korea) The proposed amendment to the Commercial Act seeks to expand the duty of loyalty of corporate directors to include the proportional interests of shareholders, aiming to protect the interests and value of shareholders by holding directors liable for damages inflicted on specific shareholders, even if the overall corporate value remains unchanged. Proposed Bill: Partial Amendment to the Act on Promotion of Information and Communications Network Utilization and Information Protection Proposed by Rep. Kim Jang-kyom (People Power Party) This amendment aims to require information and communication service providers to prevent the distribution of disinformation and to impose criminal liability or penalties on violators, with the goal of reinforcing the responsibility and transparency of communication services. For any inquiries about the bills, please contact cr@draju.com.


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