The Korea Times - Home

Site Map PDF Subscription Register LogIn
Site Map PDF Subscription Register LogIn

Wed, September 19, 2018 | 11:00

Opinion > Blogs > New Technologies & The Law >

Getting a refund in the sharing economy

Canceling a reservation and getting a refund is one of the most common problems a consumer faces. Many of us have stories of hassles encountered while trying to get our money back.

New Technologies & The Law | 2018-09-16 15:14

International trends in personal information control

In May 2017, Baidu announced its policy that only users with real-name accounts could use its services. This decision by Baidu, one of China's largest portal websites, has become a big topic for discussion. In fact, the company took this action to comply with the Chinese Network Security Act (NSA), enforced from 2017.

New Technologies & The Law | 2018-08-25 10:17

Issue of punitive damages over BMW fiasco

Diesel-fueled BMW cars have been catching fire repeatedly in Korea this summer, and some car owners have filed damages claims against the German manufacturer and its Korean agents.

New Technologies & The Law | 2018-08-22 10:07

Can phone app developers insist on access to all your personal data?

Last week I downloaded a healthcare app to my cell phone so I could check the status of my health. I launched the app and became frustrated. This particular app required a permission to access a wide range of functions and personal data that seem to me irrelevant to the app's use. I was asked to allow the app to make phone calls, to take pictures and record videos, to access ...

New Technologies & The Law | 2018-08-13 13:59

Can Korea's 'Lemon Law' save BMW owners?

In the United States, a defective car is called a “lemon.”To summarize the point of the Lemon Law, if you think you are buying a normal car, but later on it turns out to have a major defect, the law allows consumers to get a refund or a replacement. The US Lemon Law, passed in 1975, is officially called “the Magnuson-Moss Warranty Act.”

New Technologies & The Law | 2018-08-05 10:21

The future of amber in traffic lights

I like the color amber. It is the color of my firm's logo, so I can see it on the wall every morning when I arrive at work. It is my favorite baseball team's color as well. I like it more at night because it makes me feel warm, but I prefer not to see it on my way to work.

New Technologies & The Law | 2018-07-29 14:41

Penalties for cryptocurrency crimes

Between February and May this year, Korean investigators conducted search and seizures at some of the leading cryptocurrency exchanges on suspicion of various charges. Recently the scope of the investigations has expanded to include companies that have held initial coin offerings (ICOs).

New Technologies & The Law | 2018-07-21 09:01

Are overseas initial coin offerings beyond Korean law?

Officially, it is Korean government policy that all initial coin offerings (ICOs) are prohibited. However, as a lawyer, I believe Korea lacks legal grounds to make illegal all kinds of ICOs, especially in the case of utility token ICOs, because there is as yet no particular law to regulate and prohibit them unless the tokens are security tokens.

New Technologies & The Law | 2018-07-16 14:24

Many differences between Korean, EU data protection laws

The European Union's General Data Protection Regulation (GDPR) came into effect on May 25, 2018. The purpose of this law is to regulate the storage, processing and transfer of the personal data of individuals living in the EU, but it also affects companies outside the EU who have anything to do with the data of EU residents, which is why it is relevant to Korean businesses.

New Technologies & The Law | 2018-06-30 10:04

Accounting fraud and accounting standards

The issue of whether accounting fraud has been committed is now being hotly debated among a certain bio-industry company, its accounting firm and the Financial Supervisory Service. The last accuses the first of fraud.

New Technologies & The Law | 2018-06-27 14:47

1 2 3

Inter-Korean Summit in Pyongyang [PHOTOS]