[Consultation] Legal consultation regarding the wording of change notifications when revising the terms of service for applications.

1. Overview of Consultation

Company A proceeded with revision of the terms of service of the application in relation to a change in the payment method within the application. Accordingly, they requested legal consultation to notify users of the application about the change in the terms of service.

2. Consultation by Law firm Veat

Law firm Veat reviewed related provisions such as the “Act on the Regulation of Standard Contract Terms” and the Fair Trade Commission regulations, and conveyed recommendations regarding A’s application terms of service revision notification. In particular, Veat's corporate advisory team conducted multifaceted legal review to examine whether parts of A’s revised terms of service conflict with the current terms of service.

Thank you.

From Law firm Veat