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This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

South Korea: Major Amendments to Fair Trade Laws

October 2013 - Insurance. Legal Developments by Kim & Chang .

More articles by this firm.

On April 30, 2013, the National Assembly passed an amendment to the Fair Transactions in Subcontracting Act (the "Subcontracting Act") followed by amendments regarding the exclusive right of the Korea Fair Trade Commission (the "KFTC") to file criminal complaints under the Monopoly Regulation and Fair Trade Law (the "FTL"), the Act on Fair Transactions in Large Franchise and Retail Business (the "Franchise Act") and the Subcontracting Act on June 25, 2013. Finally on July 2, 2013, amendments to the FTL (restriction of inter-affiliate deals), the Subcontracting Law (prevention of unfair subcontract transactions) and the Fair Labeling and Advertising Act (the "Labeling and Advertising Act") were passed by the National Assembly.

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Dinner with GC -
Korea 2018

  • China and Hong Kong GC Powerlist

    In May, The Legal 500 and GC Magazine added another country to the list of destinations for their exclusive Dinner with GC series, as South Korea’s elite in-house counsel came together at Mugunghwa in Seoul, for a closed-door discussion on the realities of the role.

    Dinner with GC - Korea 2018