The Fair Transactions in Subcontracting Act (the “Subcontracting Act”) regulates special unfair trade practices to protect the interests of subcontractors who are economically disadvantaged, by preventing the prime contractor’s abuse of its superior position in subcontracting. The statute is subject to differing interpretations and regular amendments. In addition, the Subcontracting Act is becoming more stringent, and new issues have emerged, including, for example, the supply price adjustment system and technology takeovers. For these reasons, regular risk management practices can be helpful, and, when issues do arise, we are the leading unfair trade specialists to deliver the best-possible outcomes for our clients.
Given our practical understanding of a broad spectrum of industries, Jipyong's Antitrust & Competition Group provides guidelines on contracts to prevent violations of the Subcontracting Act. Our attorneys bring successful results in defending our clients in KFTC investigations and court proceedings by taking a proactive and, when appropriate, novel approach to legal issues.
Key Practice Areas Close
- The Subcontracting Act
- Internal investigations and audits related to the Subcontracting Act
- The KFTC and the Subcontracting Act
- The Korea Fair Trade Mediation Agency and the Subcontracting Act
- KFTC trial decisions and the Subcontracting Act
- Administrative litigation and the Subcontracting Act
Experience Close
- Represented SK Shieldus Co., Ltd. in its response to the KFTC’s regulations in connection with a subcontracting case
- Represented a domestic LCD manufacturer in defending against the KFTC’s regulation on the alleged violation of the Subcontracting Act
- Represented a domestic construction company in defending against the Korea Fair Trade Mediation Agency ruling on the alleged violation of the Subcontracting Act with regard to construction in Singapore
- Represented a domestic construction company in defending against the KFTC’s regulation on the alleged violation of the Subcontracting Act
- Represented Company “H”, a component manufacturer, in its response to restrictions imposed by the KFTC
- Represented Samkwang Glass in its administrative litigation (won all cases)
- Represented KCC in its response to the KFTC’s investigation into its alleged violation of the Subcontracting Act
- Advised a Korean steel company on a comprehensive inspection related to Subcontracting Act
- Advised a Korean energy company on a comprehensive inspection related to the Subcontracting Act
- Advised Company “K” on a comprehensive inspection related to the Subcontracting Act
- Advised a Korean semi-conductor maker on a comprehensive inspection related to the Subcontracting Act
- Advised a domestic energy company on a comprehensive inspection in connection with issues under the Subcontracting Act
- Responded to the KFTC’s investigation into a Korean heavy industry company’s violation of the Subcontracting Act
- Responded to the KFTC’s investigation into Company “H”’s violation of the Subcontracting Act
- KFTC’s investigation into the unfair subcontracting practices by Company “S”
- KFTC’s investigation into the unfair subcontracting practices by a number of construction companies
- Represented Company ‘K’, Company ‘S’, etc. in a case for mediation of a subcontracting-related dispute before the Korea Fair Trade Mediation Agency
