Korean Regulator Says It Favors Structural Merger Fixes

Law360, New York (June 22, 2011, 2:49 PM EDT) -- South Korean antitrust regulators issued details Monday on their standards for imposing merger remedies, indicating a preference for structural fixes to tie-ups deemed to be anti-competitive.

In a notice published on the agency's English-language site, the Korea Fair Trade Commission said structural remedies designed to keep the market itself competitive will take precedence over behavioral remedies when the agency crafts cures for anti-competitive mergers.

"Structural measures are less intrusive to the market (since not directly regulating price, quantities, etc.,) and effective in remedying competitive harm," the...
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