[Consultation] Revision of Terms of Service and Privacy Policy due to the introduction of the member account system.

A, a software development company, introduced a membership account system to restrict the service usage range of non-members.

Accordingly, Law Firm Veat provided terms and conditions by adding ▲Membership registration and deletion procedures, ▲ID • Password management, ▲ Provisions on the obligations and responsibilities of members, and ▲Personal Information Protection Policy by adding personal information items collected at the time of membership registration to the Personal Information Protection Policy, in order to reflect A’s request. Furthermore, in accordance with the “Act on the Regulation of Contracts” (Contract Regulation Act), when the Terms and Conditions and the Personal Information Protection Policy are revised, a detailed explanation was provided regarding the procedures for mandatory notice.

The Fair Trade Commission imposes a duty to prohibit the use of unfair contract terms on all businesses and imposes sanctions such as correction recommendations and fines. Recently, the Fair Trade Commission has recommended that even platform businesses that do not directly trade goods, cannot unfairly exempt themselves from the duty of care as a manager operating the platform in accordance with the relevant laws.

If you need legal advice on the Terms and Conditions and the Personal Information Protection Policy, please contact Law Firm Veat .

Thank you.

Law Firm Veat