Shin & Kim assisted Mercedes-Benz Korea in successfully obtaining a location information business permit from the Korea Communications Commission. Our team of attorneys brought success by carefully examining Mercedes-Benz Korea’s proposed terms and conditions on location-based services to be provided, preparing documents for the permit application, and advising Mercedes-Benz Korea on necessary measures to manage its location information business.
In Korea, a company that wishes to run a location information business is required to obtain a location information business permit from the Korea Communications Commission. Upon receiving an application for the permit, the Korea Communications Commission establishes a committee consisting of third-party experts. The committee’s review of multiple requirements, including business feasibility, financial soundness and technical/managerial protection measures, is a rigorous process; in the fourth examination of 2016, only two out of five applicants were granted location information business permits.
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2022.04.21
