Ineptitude, ill-grace may cost KCC its regulatory powers
September 9, 2012 – The Korea Communications Commission (KCC) may lose its power to make and revise broadcasting laws, according to industry sources Sunday.
The nation’s converged regulator for broadcasting and telecommunications is under fire for its recent revision of the broadcasting law that many speculate unduly favors CJ Group, which has affiliates with considerable power both in content and services in the media market.
The regulator’s laws are signed off on by the National Assembly Committee on Culture, Sports, Tourism, Broadcasting and Communications. This is made up of 30 lawmakers that judge whether law proposed by the KCC are fair and reasonable. The meetings are overseen by the Minister of Culture, Sport and Tourism.
Read more at The Korea Times