Attorneys Baek Kwang-Hyeon and Han Weon-Cheol's article has been published in The Global Legal Insights Cartels 2025 published by the Global Legal Group
In the article, Attorneys Baek and Han provide a detailed explanation on various aspects of cartel regulation in South Korea, including administrative and criminal sanctions for cartels, investigation procedures of the Korea Fair Trade Commission (KFTC), procedural rights afforded to businesses during KFTC investigations, scale of cartel cases in Korea, contents of South Korea's Fair Trade Act and the scope of the KFTC's responsibilities, cartel leniency program, appeals process for KFTC decisions, responses to international cartel cases through global cooperation, and anticipated future changes within the KFTC.
This article is significant as it introduces South Korea's cartel regulatory framework and the Korea Fair Trade Commission to a global audience, helping to raise awareness about the country's existing mechanisms for addressing cartels.
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