Sooner or later, unique knowledge equivalent to faces and car license plates can be utilized instantly for studying with out masking to develop synthetic intelligence (AI) applied sciences together with autonomous driving. The tightly restricted complete liquor wholesale enterprise license issuance requirements can be eased to facilitate new enterprise operators’ market entry, and the amount that soju producers can instantly buy uncooked supplies from ethanol producers will considerably enhance.
The Korea Honest Commerce Fee introduced the “2025 Plan to Enhance Competitors-restrictive Laws” containing such content material on Dec. 8. The fee agreed with associated ministries to enhance a complete of twenty-two laws to foster future strategic industries equivalent to AI and ICT and promote market competitors.
The federal government will first elevate knowledge utilization laws which were hindering the AI trade, which is a future progress engine. Presently, video or audio knowledge with out the consent of data topics can solely be used for AI studying after pseudonymization processing equivalent to mosaicking. This course of not solely requires huge prices and time, however has additionally raised criticism that there are limits to technological development as autonomous driving AI can’t learn pedestrians’ delicate gaze processing or actions.
Accordingly, the federal government will pursue the introduction of particular provisions equivalent to amendments to the Private Info Safety Act in order that lawfully collected data might be utilized for studying with out pseudonymization processing of unique knowledge via “regulatory sandbox (particular provisions).” This may be performed after deliberation and determination by the Private Info Safety Fee, supplied security measures are in place. The trade expects this may drastically assist cut back prices for knowledge preprocessing and safe technological competitiveness.
A sharing economic system market using “idle” tenting automobiles may even open. Till now, solely rental enterprise operators assembly strict necessities equivalent to proudly owning 50 or extra autos and securing garages may function tenting automobile leases, leaving most costly tenting automobiles owned by people in idle circumstances. The federal government plans to revise the Passenger Motor Car Transportation Enterprise Act to permit people to lease tenting automobiles to others via car sharing middleman platforms.
The limitations to the liquor wholesale and ethanol distribution markets, the place new entry has been just about blocked for a very long time, may even be lifted. Complete liquor wholesale companies have been criticized for strengthening solely current operators’ vested pursuits as virtually no new licenses have been issued over the previous three years.
The federal government determined to overtake the allowable vary (T/O) system that serves as the usual for license issuance. Beforehand, the typical worth of the allowable vary based mostly on regional liquor consumption and the allowable vary based mostly on anticipated consumption was utilized, however going ahead, the bigger of the 2 values can be utilized to extend new licenses (TO). The Nationwide Tax Service plans to revise associated notices throughout the first half of subsequent 12 months.
The ethanol (soju uncooked materials) distribution construction, which is instantly linked to value competitiveness within the soju market, may even be improved. Presently, home ethanol distribution has a monopolistic construction the place Korea Alcohol Buying and selling purchases ethanol produced by 9 producers in bulk and sells it to soju corporations. The quantity that soju producers can instantly commerce with ethanol corporations has been restricted to 2% of the overall (30 thousand drums yearly). The Honest Commerce Fee determined to roughly double this direct buying and selling allowance restrict to 40 thousand to 60 thousand drums yearly (about 3-4%) to induce value and high quality competitors amongst ethanol producers and assist soju corporations cut back prices.
As well as, requirements can be modified in order that public sewage remedy facility administration brokers can obtain incentives even when they cut back working prices by introducing solely ICT-based good applied sciences with out bodily facility development.
Obligatory labeling necessities that have been written in tiny print on meals and well being practical meals packaging may even be considerably diminished. Laws can be eased to permit solely important data equivalent to expiration dates and allergy data to be displayed prominently, whereas different detailed data might be supplied via QR codes. Via this, corporations are anticipated to scale back packaging materials substitute prices, and customers will have the ability to verify key data in bigger fonts.
A fee official said, “This regulatory enchancment will cut back company burden in new industries equivalent to AI, and aggressive ideas will function in closed markets such because the liquor market, rising client welfare.”
