KFTC Introduces Standards for Reviewing Innovation Market and Big Data Mergers
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…