It is illegal for a business to agree to unfairly restrict competition by entering into a contract, understanding, resolution, or other means with others. Indeed, unfair collusion or cartel activities are broadly construed and, therefore, even the act of exchanging information can be regulated as unfair conduct. For this reason, companies in certain markets which may routinely exchange communications should be particularly vigilant.
Jipyong's Antitrust & Competition Group has a strong record of success in representing clients in KFTC investigations, decisions, and administrative proceedings related to unfair collaborative acts.
Key Practice Areas Close
- Unfair collusion issues in agreements
- Internal investigations and audits related to unfair collusion
- The Leniency Program in relation to cartel activities
- Investigations initiated by the KFTC and the prosecutors’ office related to unfair collusion
- KFTC’s trials and in the ruling process in connection with cartel activities
- Administrative litigation seeking cancellation of the disposition of fines and corrective orders regarding unfair collusion
- Civil damages claims related to unfair collusion
- Derivative litigation related to collusion
Experience Close
- Represented Haitai Confectionery and Foods in defending against the KFTC’s monopoly regulation and administrative proceedings
- Represented Sajo Won, a poultry production company, in responding to the prosecutors’ investigation and administrative proceedings
- Represented a domestic steelmaker in its response to the KFTC’s investigation and deliberation procedure in connection with a steel scrap cartel case
- Represented a domestic construction company in a damages claim related to bid-rigging and won a Supreme Court decision to quash and remand the case to the lower court
- Represented AU Optronics Corporation, a Taiwan-based LCD manufacturer in a damages claim related to a TFT-LCD cartel case
- Represented Orient Overseas Container Line, a Hong Kong-based shipping and logistics service company in responding to restrictions on shipping charges in connection with an international shipping charge cartel case
- Represented SeAH Steel in a damages claim caused by a cartel
- Represented the KCC and responded to the KFTC’s restrictions imposed in connection with a bid-rigging case regarding the Korea Gas Corporation’s bid
- Represented the Korea Medical Association in connection with a KFTC restriction related to prohibited acts of a trade association
- Represented the Seoul Private Taxi Association in the KFTC’s restrictions imposed in connection with prohibited acts of a trade association
- Represented Innolux, a Taiwan-based LCD manufacturing company, in its response to the KFTC’s regulation of an international cartel case involving TFT-LCD panel
- Advised Yura Tech on its response against the KFTC’s investigation of an international cartel case
- Advised international paper manufacturers on its response to the KFTC’s investigation of an international cartel case
- Represented CJ Korea Express in the KFTC’s regulation in connection with the alleged collusion by car rental companies in Jeju
- Advised Hanchang Paper on its response to the KFTC’s investigation of a cartel among paper manufacturers
- Represented Malaysia Airlines in the KFTC’s regulation on an international cartel regarding a fuel surcharge
- Represented Samsung Life Insurance in an administrative case related to collusion involving insurance premiums
- Represented Doosan Infracore in an administrative case related to collusion among construction equipment manufacturers
- Represented Nongshim in an administrative case related to ramyeon
- Represented GS Caltex and others in an administrative case related to collusion in the LNG market
- Represented Honeywell in a U.S. DOJ process relating to collusion between LCD manufacturers, including LG Display
- Represented major commercial banks, including KB Bank, in an administrative case related to collusion involving export bills of exchange, purchase of bills of exchange, and fee collusion cases
