Yoon & Yang LLC has bolstered its Antitrust & Competition practice by welcoming former KFTC deputy director Chiyeol Kim as a partner. Having passed multiple professional tests including the Korean Certified Public Accountant (KICPA) Examination, the Korean Bar Examination, and the Higher Civil Service Examination, Chiyeol Kim demonstrates his exceptional credentials across law, accounting, and public administration.<\/p>\n
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During his tenure at the KFTC for eight years, he held key roles in several divisions, including the Consumer Policy Division, Disclosure Compliance Division, Holding Company Division, and Corporate Group Policy Division. He led investigations into unfair intra-group transactions, managed large scale intra-group transaction disclosure regulations, and contributed to policy reforms for holding companies. Notably, he successfully pursued a high-profile case involving unfair support transactions within the Kyungdong Group, which resulted in a KRW 4 billion fine. Additionally, he was instrumental in amending the Fair Trade Act to facilitate corporate venture capital (CVC) initiatives and strengthen the holding company framework. Most recently, he served in the KFTC\u2019s newly established Special Investigation Team, handling e-commerce regulatory matters involving gaming companies.<\/p>\n
In recognition of his outstanding public service at the KFTC, Mr. Kim received two ministerial commendations. In 2022, he was honored for excellence in managing public petitions, and in 2023, he was awarded for his contributions to regulatory reform in the areas of holding company oversight and CVC promotion.<\/p>\n
Mr. Kim joins Yoon & Yang\u2019s Antitrust & Competition Practice Group, one of Korea\u2019s leading antitrust practices, comprised of over 50 professionals with deep public- and private-sector experience. The firm has recently garnered attention for securing a landmark acquittal for Hyundai Steel in a cartel case concerning scrap metal procurement. Yoon & Yang also successfully represented E-Land World and E-Land Retail in litigation annulling regulatory sanctions related to unfair intra-group support and self-dealing. Additionally, the firm continues to advise Korea\u2019s leading conglomerates, including Hyundai Motor Group, LG Group, Taekwang Group and KT Corporation, in developing compliance strategies tailored to evolving antitrust and competition law regulations.<\/p>\n
Commenting on the appointment, Sang Oh Jeon, head of Yoon & Yang\u2019s Competition & Antitrust Group, stated, \u201cWith professional credentials spanning accounting, law, and civil service, Chiyeol brings a unique perspective to our team, and his arrival will strengthen our ability to provide clients with sophisticated legal solutions grounded in regulatory insight, financial analysis, and administrative expertise. We are confident that this addition marks a meaningful step in expanding the scope and depth of our practice.\u201d<\/p>\n
With Mr. Kim\u2019s addition, Yoon & Yang reaffirms its position as a leader in antitrust and competition law, offering unparalleld expertise to clients navigating Korea\u2019s complex regulatory landscape.<\/p>\n
For more information, please contact:<\/p>\n
Mr. Jae Hyuk Yang<\/p>\n
Senior Marketing\/Communications Manager<\/p>\n
Yoon & Yang LLC<\/p>\n
Tel: (82-2) 6003-7229<\/p>\n
Email: jhyang@yoonyang.com<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-51356","press_releases","type-press_releases","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases\/51356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/press_releases"}],"about":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/types\/press_releases"}],"wp:attachment":[{"href":"https:\/\/my.legal500.com\/developments\/wp-json\/wp\/v2\/media?parent=51356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}