Category Archives: Antitrust

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Frequently Asked Questions About the Amnesty Program—Major Changes in the Antitrust Division’s January 2017 Update

한국어 번역문은 이곳을 클릭해주시기 바랍니다. In the past, the Antitrust Division has used its “Frequently Asked Questions” piece to announce significant changes in the Amnesty Program. In  November 2008, for example, they made mandatory an explicit admission of criminal wrongdoing. Before then, the applicant need only have reported “possible” criminal activity. FAQs, p.6, fn. 7 … Continue Reading

Brexit, Here We Come (or Go)

한국어 번역문은 이곳을 클릭해주시기 바랍니다. The UK people have voted to leave the European Union. Although there is no constitutional duty to leave the Union as a result, politically this is likely going to happen. Change will not be immediate and happen over time. Companies are well advised to react quickly to assess the impact … Continue Reading

한∙미 경쟁당국, 경쟁분야 협력에 관한 업무협약 체결 (US and Korea Competition Authorities Signed MOU on Competition Cooperation)

미 법무부(Department of Justice)와 연방거래위원회 (Federal Trade Commission)는 한국 공정거래위원회와 9월 8일 워싱턴, D.C.에서 양국의 경쟁당국간 협력 및 교류를 증진하기 위한 업무협약(Memorandum of Understanding on Antitrust Cooperation)을 체결하였다. 동 업무협약은 건전하고 효과적인 양국의 경쟁법 집행이 시장의 효율적인 운영 및 각국 소비자들의  경제적 복지에 매우 중요하다는 점을 확인하고, 양국의 경쟁당국간 경쟁법 집행시의 협력 및 조율을 통해 … Continue Reading

New Red Flag for Multinationals: Retail Price Maintenance on Chinese AML Regulator’s Radar

한국어 번역문은 이곳을 클릭해주시기 바랍니다. Section 14 of the Anti-Monopoly Law of the PRC (“AML”) clearly regulates retail price maintenance (“RPM”), and RPM definitely is on the radar of the AML authorities for investigation and penalties.  Enforcement against Maotai Liquor in 2013 proved that enforcing compulsory retail prices may cross a redline with the authorities … Continue Reading

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