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Korea Fair Trade Commission Adopts Investigative Procedure Rules and Amends Enforcement Procedure Rules

South Korea - February 25 2016 The Korea Fair Trade Commission (the “KFTC”) established the KFTC Rules on Investigative Procedures (“Investigative Procedure Rules”) and amended the…

Cecil Saehoon Chung, Kyoung Yeon Kim, Seuk Joon Lee, Sung Bom Park, Hae Sik Park.

Active Enforcement of Newly-Adopted One-Year Data Retention Limit in Korea

South Korea - January 21 2016 On Thursday, Jan. 14, 2016 the Korea Communications Commission (KCC) issued corrective orders and imposed fines on eight (8) information and…

Carr, Brendon, Jai Wook Lee, Doil Son, Yoon, Hee Woong, Yong Hee Yoon.

Korea Fair Trade Commission to amend substantive review guidelines on unfair trade practices

South Korea - November 17 2015 On November 6, 2015, the Korea Fair Trade Commission (the "KFTC") issued a notice to amend its substantive Review Guidelines on Unfair Trade Practices…

Cecil Saehoon Chung, Kyoung Yeon Kim, Seuk Joon Lee, Sung Bom Park, Hae Sik Park.

Korea Fair Trade Commission embarks on major overhaul of enforcement procedures

South Korea - November 2 2015 On October 21, 2015, the Korea Fair Trade Commission (the "KFTC") announced a comprehensive enforcement process reform initiative aimed at improving…

Cecil Saehoon Chung, Kyoung Yeon Kim, Seuk Joon Lee, Sung Bom Park, Hae Sik Park.

Korea Fair Trade Commission adopts “Notification on Specific Types of Abuse of Superior Bargaining Position Relating to Continued Resale Transaction”

South Korea - May 16 2014 The Korea Fair Trade Commission (the "KFTC"), the Korean antitrust enforcement agency, has adopted the "Notification on Specific Types of Abuse of…

Cecil Saehoon Chung, Kyoung Yeon Kim, Seuk Joon Lee, Sung Bom Park, Hae Sik Park.