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The Korea Consumer Protection Board (KCPB) was established in accordance with the Consumer Protection Act on July 1987. The Board is an independent, semi-governmental organization financially supported by the government. Its function includes consumer policy research, writing surveys, overseeing consumer education, dissemination consumer information, redressing consumer complaints, and conducting product comparative testing.
The KCPB conducts surveys on unfair practices and hazardous products. It also reports on whether laws, regulations and institutions regarding consumer protection are carried out or not. Its results are used as a basis for providing consumer information and recommending policy alternatives to governmental agencies.