House bill calls for probe of compatibility of Korea’s anti-monopoly bill with trade commitments

House Ways & Means Committee member Carol Miller (R-WV) has introduced legislation that would direct the Office of the U.S. Trade Representative to examine the effects of proposed South Korean anti-monopoly legislation on U.S businesses and assess its compatibility with the country’s international trade obligations. The South Korean government earlier this year outlined legislation it says was designed to rein in large tech companies and promote fair competition. Like the European Union’s Digital Markets Act, Korea’s “Platform Fair Competition Promotion...