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[223] 2019.08.29
Consumer Movement Rally for a Class Action Lawsuit, Punitive Damages and Funds for the Promotion of Consumer Rights

Consumer Movement

Rally for a Class Action Lawsuit, Punitive Damages and Funds for the Promotion of Consumer Rights

KNCCO (Chairperson: Ju Gyeong-Sun) and its 11 member organizations will hold a “Rally for a Class Action Lawsuit, Punitive Damages and Funds for the Promotion of Consumer Rights”, as the 2019 Consumer Movement, at 11:30 a.m. on August 29 in front of the National Assembly. The rally will focus on President Moon’s campaign promises, i.e. introducing a class action lawsuit, punitive damages and providing funds for the promotion of consumer rights.

Korean consumers have been involved in, and have suffered from, a variety of incidents in recent years. These include but are not limited to the radon-emitting mattress incident, BWM engine fires, the KT network blackout and the Kolon Invossa incident in 2018 and 2019, as well as the 2011 humidifier sterilizer scandal, 2015 Homeplus data breach and the 2017 hazardous sanitary napkin scandal. What we require are not the ad-hoc arrangements offered by the government, but fundamental solutions for protecting and promoting consumer rights.

We demand a class action lawsuit system since, if a small group files a suit against a corporation on behalf of the consumers damaged by that corporation’s willful misconduct or gross negligence, the claims of the absent parties can also be resolved. We need punitive damages which are assessed in order to punish the defendant for their outrageous conduct or intentional illegality, and to prevent under-compensation of the plaintiffs. We therefore request funds for the promotion of consumer rights, in order to protect consumer rights by offering financial support to victims; for example, by assisting those who have suffered due to the unfair dealings of corporations with high litigation costs. We, the consumer advocacy groups, will employ our best effort to enact the related laws during this session of the National Assembly by working with legal experts.


 






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