Lee & Ko has one of Korea’s largest and preeminent antitrust & competition law practices, as continuously recognized by renowned international legal publications over the past several years. Members of our group include expert attorneys licensed in Korea and other foreign jurisdictions, antitrust specialists (including accomplished in-house economists), former high-ranking government officials and adjudication officers of the Korea Fair Trade Commission. We represent a diverse range of domestic and international clients in cases dealing with competition authorities in Korea and around the world, including the U.S. and the EU.
We boast the highest number of lawyers and antitrust specialists who were formerly employed by the KFTC, out of all law firms in Korea. The plethora of experience our team has gained as former high ranking officials and adjudication officers of the KTFC, as well as staff economists of the U.S. FTC & DOJ, enable our firm to provide the most insightful and effective advice in responding to any KFTC action.

Our Antitrust & Competition Practice Group provides unparalleled legal advice based on a solid understanding of our clients’ business sectors, and offers client-focused solutions tailored to address a wide range of regulatory, civil, and criminal issues. We provide a full range of services across all areas of antitrust and competition law, which are detailed below.

Expertise

International Merger Review

The Monopoly Regulation and Fair Trade Act (“MRFTA”), Korea’s main competition law, prohibits certain M&A transactions that may have restricting effects on competition, and KFTC approval must be obtained for such activities meeting statutory thresholds.

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Major Cases

International Merger Review

Obtained unconditional KFTC approval on behalf of Nautilus Holdings USA Corp. with respect to its acquisition of GE Toshiba Silicones Asia Pacific Pte.,Ltd.
Obtained unconditional KFTC approval on behalf of Honeywell International Inc. with respect to its acquisition of Enref Holdings B.V.
Obtained unconditional KFTC approval on behalf of The Boeing Company with respect to its acquisition of Huneed Technologies.
Obtained unconditional KFTC approval on behalf of ERGO International AG with respect to its acquisition of Daum Direct Auto Insurance.