Highlighted for providing ‘clear legal analysis and expectation based on its various resources from Korea Fair Trade Commission, prosecution and courts’, Yulchon has a longstanding experience in antitrust work. Department head Jeong Keun Yun, who has previous experience as a judge, lends his knowledge on unfair concerted conduct, abuse of market dominance and unfair trade practices litigation. For both Korean and foreign clients, Sung Bom Park has acted in cases related to international cartels, abuse of dominance and unfair internal transactions. Cecil Saehoon Chung chiefly focuses on international issues, and Song Ryu is active in domestic and international cartel cases and unfair trade investigations.
Legal 500 Editorial commentary
Accolades
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- ‘The people in the team are great! They offer great legal advice and have won many cases that they have handled. Also, they were efficient in billing as well.'
- ‘Yulchon's Antitrust & Competition Team has an outstanding strength to give clients a clear legal analysis and expectation based on its various resources from the Korea Fair Trade Commission, prosecution and courts, in actual cases at the KFTC and court processes beyond legal consultations.’
- ‘Mr. Jeong Keun Yun, who is leading the Antitrust & Competition Team, shows his excellent leadership and professionalism. Especially, his long work experiences in the courts as a senior judge help clients to understand the well-balanced law and actual application practices for the relevant cases. We can trust his engagement and achievement always.’
- 'The Yulchon team provides exceptional service for antitrust and competition matters in South Korea. They have very strong partners and exceptional support from associates. They are an elite competition firm in South Korea, and we trust them with our most complex matters.’
- ‘Cecil Chung provides excellent, pragmatic advice, with a strong team to support him. We trust him with our most high-profile matters, and he always delivers good advice with business-minded suggestions.’
- ‘Yulchon is the go-to firm in Korea for antitrust/competition matters. The antitrust/competition team has detailed knowledge of Korea merger control laws and is skilled at navigating the merger review process before the KFTC.’
Key clients
- Microsoft
- Ansys
- Delta Air Lines
- GIC
- ESR
- Brookfield
- Agoda
- Hillhouse
- Hanjin Transportation
- Korea Telecom (KT)
- LG Uplus
- SK Telecom
Work highlights
Representation of Ansys in Synopsys’ $35bn acquisition of Ansys.
Defended Shinhan Bank and Hana Bank in KFTC’s investigation of loan-to-value ratio information exchange as illegal cartel.
Represented Shinsegae in its formation of a $2.1bn e-commerce platform JV with Alibaba.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.
Practice head
Jeong Keun Yun
Other key lawyers
Sung Bom Park; Cecil Saehoon Chung; Song Ryu; Keon Woong Kim