MarketPR

South Korea's Platform Law Could Strip $525B From U.S. Economy Over Next Decade, Model Finds

6/27/2026

A Competere Foundation model estimates that South Korea's proposed Online Platform Fairness Act could cost U.S.

states $525 billion in economic activity over the next decade, with California alone absorbing $123 billion in projected losses.

The pending legislation, spearheaded by the Korea Fair Trade Commission and backed by President Lee Jae-myung, is drawing sharp criticism from U.S.

lawmakers who argue that Seoul's regulatory posture is tilting against American companies. State-Level Exposure Mapped by the Model The Competere Foundation's projections break the $525 billion figure across major U.S.