2021 will likely be counted as one of the most monumental years in the history of Korean competition law and policy. Above all, the amendment of Korean competition law, Monopoly Regulation and Fair Trade Act (“Korean competition law”), which significantly overhauled it, was entered into force. In addition, several bills to regulate digital platforms were…

On February 26, 2019, the Korea Fair Trade Commission (“KFTC”) announced in its official press release that, as of February 27, 2019, a new set of standards for reviewing mergers in R&D-intensive industries and those involving “big data” will be introduced in the Merger Review Guideline (“Amended Guideline”).  The Amended Guideline marks one of the…