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KFTC proposes “review guidelines on abuse of dominance and unfair trade practice by online platform businesses”

South Korea - January 14 2022 On January 6, 2022, the KFTC released for public comments its proposed Review Guidelines for Regulations Against Abuse of Dominance and Unfair Trade…

Cecil Saehoon Chung, Seung Hyuck Han, Sung Moo Jung, Yun Jeong Keun, Kyu Hyun Kim, Seuk Joon Lee, Sung Bom Park, Hae Sik Park

KFTC Grants Conditional Approval for KAL-Asiana Merger

South Korea - February 24 2022 On February 21, 2022, the Korea Fair Trade Commission (the "KFTC") granted a conditional approval for Korean Air's acquisition of 63.88% of the…

Cecil Saehoon Chung, Seung Hyuck Han, Sung Moo Jung, Yun Jeong Keun, Kyu Hyun Kim, Seuk Joon Lee, Sung Bom Park, Hae Sik Park

Amended KFTC Merger Control Rules Take Effect Specific Size-of-Transaction Test Established and Scope of Simplified Review Expanded

South Korea - January 3 2022 On Dec. 30, 2021, amended merger control rules went into effect in Korea. These amended rules are codified under four separate sets of legal…

Cecil Saehoon Chung, Seung Hyuck Han, Sung Moo Jung, Yun Jeong Keun, Kyu Hyun Kim, Seuk Joon Lee, Sung Bom Park, Hae Sik Park

Korean National Assembly Amends the Telecommunications Business Act

South Korea - September 7 2021 On Aug. 31, 2021, the Korean National Assembly passed a bill amending the Telecommunications Business Act (the "Amendment"). The bill, once signed…

Seung Hyuck Han, Sung Il Kang, Woo Yul Lee, Sung Bom Park, Kum Ju Son, Doil Son

공정위, 「지주회사 관련 규정에 관한 해석지침」 개정 시행- 일반지주회사의 CVC 보유, 벤처지주회사·공동출자법인 특례 등 현행 공정거래법상 지주회사 관련 내용 구체화 -

South Korea - November 14 2022 공정거래위원회(이하 '공정위')는 공정거래법상 지주회사 제도 중 (i) 일반지주회사의 CVC 보유 관련 규정, (ii) 벤처지주회사·공동출자…

Cecil Saehoon Chung, Seung Hyuck Han, Sung Moo Jung, Yun Jeong Keun, Kyu Hyun Kim, Woo Yul Lee, Seuk Joon Lee, Sung Bom Park, Hae Sik Park