MIC News The Korea Communications Commission is scheduled to be enlarged and developed as the exclusive organization responsible for communications regulation. It will absorb the communication business approval right currently supervised by the Ministry of Information & Communication (MIC). This movement is being watched carefully, because analysts say the domestic communication industry regulation paradigm will be greatly changed in tandem with Korea-US FTA communication negotiations and the MIC's new communication regulation frame. A high-ranking MIC official involved in this affair said: "As the communication market changes rapidly, this means that the government's traditional previous regulation policy also must be reshuffled to be after-regulation-oriented." Accordingly, MIC headquarters will assume a pure policy R&D function whereas Korea Communications Commission will be able to develop independently as a regulation organization, the official added. Korea Communications Commission's phase strengthening plan appears to be able to be enforced next year in time as current MIC Minister Roh Joon-hyung's powerful will is backed. If the Korea Communications Commission actually receives the right to approve communication businesses, this Commission is forecast to be able to develop into a special independent communication regulation organization.