South Korea's Merger Guidelines Get A Makeover

Law360, New York (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.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.