Fair Trade Law Issues in Korea
: Unfair common action and abuse of dominant market position under the Fair-Trade Act of Korea (“FT”) are two (2) important themes we have specialties. We may provide\ you with the following services:

Assisting the clients concerned about 9 typical fair trade issues:
Korean Fair-Trade Committee pay particular attention to the following typical cases of unfair common actions by a player with market dominant powers, such as: i) unfairly refusing a transaction, ii) discriminating against a certain transaction partner, iii) unfairly excluding a competitor, iv) unfairly soliciting customers, v) unfairly coercing customers of competitors to make transactions with it, vi) making a transaction with a certain transaction partner unfairly taking advantage of its bargaining position, vii) make a transaction under terms and conditions that unfairly restrict business activities of a transaction partner, viii) disrupting business activities of other business entities, ix) assisting a related party or other company by doing certain acts.

Issues on regulating cartel:
Expansion of business may not always make our clients happy when certain transactions between its affiliates and subsidiaries are possible to be declared that mutual investment, guarantee of debt and/or illegal support are/is likely to violate then existing certain regulations under the Fair-Trade Law; and merger cannot be concluded based on the possibility that our client may be deemed to be a player with a market dominant power. We cannot be too emphasized to say that delicate legal advice on these issues must be preceded before taking a serious step into a phase you may not freely walk away from.