It is hard to redress for consumers in mass harm situations where damaged consumers with nominal damages lack choices to the legal remedies under the current legal system. Collection actions refer to actions taken together by a group of people whose goal is to share litigation costs thereby creating economies of scale. For courts, the actions guara...
APCCIn 2008, the fair trade dispute mediation system was implemented to process the efficiency of the Fair Trade Commission and revive substantial damage relief. In the Korean judicial procedure for damage relief, it is difficult for small and medium-sized businesses to receive remedies through litigation because of huge litigation costs and quantities...
APCCThere is no doubt that the proper use of ¡°big data¡± in any industry promotes innovation and economic efficiency. However, some argue that large companies, such as Google, Facebook, and Amazon, may abuse their market power acquired by the use of their big data.
This article analyzes big data, market power, and privacy on digital multisided...
In the digital economy, M&A financial reporting standards are based on turnover volume that measure past performance between contracting parties. However, this could result in regulatory defects in M&As between start-ups and pharmaceutical companies. The Korea Anti-Monopoly and Fair Trade Act (the ¡°Act¡±) compiled by the Korea Fair Trade Commission(...
APCCCriminal penalties for cartels began under Article 1 of the U.S. Sherman Act of which legislative intent was a response to strong antipathy against cartels and monopolies at the time it was enacted. Under these circumstances, the so-called 'conspiracy-centered approach' was adopted. Specifically, it constitutes an ¡®agreement¡¯ oriented component tha...
APCCAs per the development and advancement of information technology, an administrative investigation of alleged antitrust cases has been replaced by digital evidence examined by a competition authority. In response to this situation, several administrative agencies have implemented standards and procedures that have the authority to investigate compan...
APCCAntitrust analysis of Big Data industries has emerged as one of the actively debated issues in modern economies. Big Data consequently brings many new challenges in terms of privacy infringement that need to be considered in competition law such as the collection of user data through online services - internet search engine, e-mail service, and SNS...
APCCRegulation on abuse of market dominance has been a significant issue in Korean competition law. However, there is no agreement among legal practitioners and/or scholars on the principle of sanctions against offenses resulted from the market-dominant business entities and the role of competition law. According to relevant statistics, abuse of market...
APCCThe increasing competitive pressure on the two-sided O2O platform market is expected to spur new types of competition issues. Traditional SSNIP tests cannot be applied directly to two-sided markets, according to competing models that occur in two-sided markets where indirect network externalities exist.
This paper reviews several angles f...
Regarding the Qualcomm case of the Korea Fair Trade Commission (KFTC) in 2017, an issue was whether there was a violation of antitrust law when Standard Essential Patents (SEP) licensors¡¯ policy of component-level and device-level parallel policy(multi-level licensing) affects the SEP related markets. The multi-level licensing refers to a practice ...
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