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Recent changes to cartel leniency program in Korea

South Korea - October 24 2013 The main antitrust laws in Korea are the Monopoly Regulation and Fair Trade Act (MRFTA), the Enforcement Decree of the MRFTA (Enforcement Decree) and...

Daeyong Baek.

Amendments to the KTFC’s notification on criteria for the imposition of administrative surcharges

South Korea - July 9 2013 On June 11, 2013, the Korea Fair Trade Commission (the "KFTC") announced amendments to the Notification on Detailed Criteria for the Imposition of...

Young Chul Yim, Joo Young Park, John H. Choi.

The Supreme Court rules that the KFTC’s notice of non-confirmation of leniency status may be actionable

South Korea - January 28 2013 The leniency program was adopted in Korea for the purpose of tackling cartels. Under the current leniency program, the first-ranked leniency...

Young Chul Yim, Joo Young Park, John H. Choi.