This study covers Singapore Competition Law, which is one of the most active and advanced jurisdictions in terms of competition law enforcement. This study is meaningful for the following reasons: first, examining the system, provision, and cases of the Singapore Competition Law is quite significant in theoretical side\; second, due to its upper ra...
Today, online platforms provide a \'search service\' so that consumers can easily decide whether to purchase or not through the \'ranking\' of goods and product suppliers. However, the probability that a certain product is actually clicked depends on where it is located in the search rankings in many cases. This may influence a significant impact o...
The system in which a suspected undertaking under investigation or deliberation voluntarily suggests to the KFTC a corrective plan before receiving sanctions after MRFTA and the KFTC closes the case when it accepts such voluntary measure. It is called the consent decision system. The consent decision has some advantages such as securing rapid means...
The overall revision of the Monopoly Regulation and Fair Trade Act (MRFTA) in Korea was passed at the National Assembly plenary session on December 9, 2020, and will be implemented from December 30, 2021. This overall revision is the first in 40 years since the MRFTA was enacted and enforced in 1980. Subordinate statutes such as the enforcement dec...
¡°Self-preferencing¡± by vertically-integrated online platforms(¡°VOPs¡±) currently comes under fierce scrutiny by competition authorities around the world. In a digital ecosystem, these VOPs assume a dual role both as a ¡°rule maker¡± with their power to design search algorithms and at the same time as a ¡°player¡± in downstream markets. While VOPs\' incen...
Although dawn raids have become a primary investigation tool of the Korea Fair Trade Commission (¡°KFTC¡±), there still remain uncertainties over their legal nature as well as their workings and limitations when employed in practice. Against this backdrop, this study aims to define the legal nature of the KFTC\'s dawn raids and their procedures and l...
Before Brexit, the UK could manage the national market competition under the implementation of EU competition law. At the same time, the UK competition regime contributed to the modernisation of EU competition law, which is the shift from the form-based approach to the effects-based approach. Since the UK left the EU, the UK Competition and Market...
On January 28, 2021, a bill of enactment of the Act on the Fairness of Online Platform Intermediary Transactions(¡°the Online Platform Intermediary Transactions Fairness Bill¡±) prepared by the Korea Fair Trade Commission(¡°the KFTC¡±) was submitted to the National Assembly. This bill is aimed at addressing the risk of unfair trade practices against bu...
Recently, as wealth inequality intensifies around the world, it has been considered as an urgent national task to resolve the wealth polarization. As a result, it has been argued that more comprehensive and diverse policy measures, including competitive laws, need to be mobilized to improve wealth distribution. However, according to the mainstream ...
As the regulation of the ¡°ceiling on total amount of shareholding in other domestic companies¡± had been removed from Korean ompetition Law in 2009, remaining regulatory tools of countermeasures over excessive economic concentration, e.g. limitation on cross-shareholding, became ineffective regarding the concerns of general concentration. Existing r...
Hwang