「TELECOMMUNICATIONS BUSINESS ACT」
3. A corporation which is established to partially provide facilities-based
telecommunications services by obtaining authorization or filing a report under
paragraph (1) 6.
(5) The Minister of Science and ICT may place conditions provided for in Article 6 (2) when
granting authorization under paragraph (1). <Amended on Mar. 23, 2013; Oct. 15, 2014;
Jul. 26, 2017; Dec. 24, 2018>
(6) The Minister of Science and ICT shall consult with the Fair Trade Commission when he
or she intends to grant authorization under paragraph (1). <Amended on Mar. 23, 2013;
Jul. 26, 2017>
(7) Article 7 shall apply mutatis mutandis to the grounds for disqualification of
authorization prescribed in paragraph (1).
(8) Where a person falling under paragraph (1) 4 or 5 fails to obtain authorization under
paragraph (1), the Minister of Science and ICT may order him or her to suspend the
exercise of the voting right or to sell the relevant shares, and where such person fails to
comply with the conditions prescribed in paragraph (5), he or she may order him or her to
comply with such conditions within a specified period. <Amended on Mar. 23, 2013; Jul.
26, 2017>
(9) Any person who intends to obtain authorization under paragraph (1) shall be prohibited
from engaging in the following conduct, prior to obtaining such authorization: <Amended
on Jun. 10, 2022>
1. Integration of telecommunications networks;
2. Appointment of executive officers;
3. Acquisition of business, or execution of agreements for the merger of corporations,
division of a corporation, or merger after division or for the sale of equipment;
4. Follow-up measures on incorporating a company.
(10) Where any person falling under any subparagraph of paragraph (1) is subject to a
public interest test, he or she may present documents required to be submitted for a
public interest test, when applying for authorization granted under paragraph (1).
(11) Cases where the effect on competition in the facilities-based telecommunications
business is insignificant under the proviso of paragraph (2) and matters necessary for the
procedures for omission of an examination shall be prescribed by Presidential Decree.
<Newly Inserted on Oct. 15, 2014>
법제처
18
국가법령정보센
터