South Korea's Merger Guidelines Get A Makeover

Law360 (December 14, 2007, 12:00 AM EST) -- South Korea's Fair Trade Commission has overhauled its merger guidelines, relaxing restrictions on horizontal mergers involving a single company with 50% market share in favor of more comprehensive assessments of acquisitions' potential effects on competition, according to experts.

Instead of coming down on companies that singlehandedly control half of a market or on trios of companies that together control 70%, the KFTC will now consider overall levels of market concentration, possibilities for competition restriction and the likelihood of the formation of cartels when considering a proposed...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.