ized the effective date of the revised Unfair Competition Prevention Law as December 15,1992. Thus any misappropriation of trade secrets can be prevented by an injunctive order. Monetary damage claims can also be filed against the infringer.A trademark is also protected for 10 years upon registration and such registration is renewable as long as the trademark is used in Korea. The Copyright Law protects authors' moral rights during their life and economic rights for their life plus 50 years. Computer programs are also protected by the Copyright Law and the Computer Program Protection Law for a term of 50 years after the creation of the program concerned. Registration or publication is not necessary for the copyright protection of authors' work and computer programs.Internationally, after Korea acceded to the World Intellectual Property Organization on March 1, 1979, and the Paris Convention for the Protection of Industrial Property on May 4, 1980, it joined various international treaties: the Patent Cooperation Treaty on August 10, 1984, the Universal Copyright Convention and the Geneva Monogram Convention on October 1, 1987 and the Budapest Treaty on the International Recognition of the Deposit of Microorganisms for the Purpose of Patent Procedure on December 24, 1987.Regulation of Public Service ProvidersUnder the Anti-monopoly and Fair Trade Law, market dominant enterprises cannot exercise their market power abusively by, for example, unreasonably determining the market price of their goods or services. Furthermore, this law also regulates unfair concerted activities, and other unfair trade practices in general. However, as long as any enterprise is regulated by other laws, it is exempted from the Anti-monopoly and Fair Trade Law. Since the Basic Telecommunications Law and the Telecommunications Business Law strictly regulate public telecommunications service concerns, the Anti-monopoly and Fair Trade Law would not be applic...
