Feb 8 • 11:29 UTC 🇰🇷 Korea Hankyoreh (KR)

High-ranking Party and Government Push for Early Morning Deliveries from Large Supermarkets

The Democratic Party and the South Korean government are proposing amendments to the Distribution Industry Development Act to allow large supermarkets to offer early morning delivery services.

On the 8th, the Democratic Party of Korea, along with the government and the Blue House, agreed to move forward with amendments to the Distribution Industry Development Act, aimed at permitting early morning deliveries by large supermarkets. This initiative is part of a broader effort to enhance consumer convenience and strengthen the competitiveness of domestic retail in a rapidly changing market environment. The meeting emphasized the need to create a fair competitive landscape by addressing the existing regulatory imbalance between online and offline retail operations.

Currently, the Distribution Industry Development Act restricts large supermarkets from operating from midnight to 10 AM, which has hindered their ability to compete effectively with online retail giants like Coupang that offer early morning deliveries. The proposed changes intend to level the playing field by allowing large supermarkets to engage in early morning deliveries as well. Furthermore, to support small businesses that may be adversely affected by this regulatory relaxation, measures will be put in place to enhance their competitiveness as well.

In addition to the distribution legislation, the participants at the meeting proposed establishing a 'Real Estate Supervisory Agency' under the Office of the Prime Minister to address illegal activities across multiple regulatory fields, and they expressed commitment to passing special legislation related to investment in the US. This shows a multifaceted approach addressing current economic challenges, ranging from retail to real estate, while also considering measures for worker protections and support for traditional markets.

📡 Similar Coverage