KB Securities, Dismissal of Injunction Against Toss WTS: ‘Originality and Similarity Not Recognized’

A court has dismissed KB Securities’ request for an injunction against Toss Securities concerning their web trading system (WTS). Legal experts suggest that KB Securities might appeal the decision.

Attorney Ohoon Kwon explained, “In unfair competition cases, courts typically assess which party originally developed the program in question. This approach makes sense, as it would be illogical for the creator of a system to be accused of copying someone else’s work.”

Regarding this case, Kwon further noted, “The court acknowledged that Toss Securities had started developing its WTS even before KB Securities launched theirs. It appears the court concluded that the similarities between the two systems were confined to generic terms or widely accepted design elements, rather than proprietary innovations unique to KB Securities.”

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