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[Fair Trade] Barun Law LLC successfully helped its client become the only constructor to win the administrative lawsuit regarding the allegation of bid-rigging against the Korean Fair Trade Commission 12/8/2017

1. Case summary


 

  The Korean Fair Trade Commission’s order to pay a fine

 

  In June 2016, the Korean Fair Trade Commission (the “KFTC”) issued an order against some constructors involved with bid-rigging in relation to the construction of LNG storage tanks to pay a fine of KRW350 billion, which was the largest amount of fine ordered by the KFTC in relation to bid-rigging cases (the “Order”).

 

  The KFTC aggravated the fine imposed on SK Engineering and Construction (“SK E&C”) by 20% for the reason that it had violated the Fair Trade Act five times for the past three years. Among the violations was a collusion case in relation to the construction of Gyeongin Canal.


 

  In July 2016 right after the KFTC had issued the Order, Seoul High Court ruled that SK E&C had not participated in collusion in relation to the construction of Gyeongin Canal. The decision was finally confirmed by the Supreme Court of Korea. Barun Law LLC also represented SK E&C in relation to the collusion case.


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