Competition/Antitrust
Asia-Pacific Guide 2024 : South Korea
Band 1
About
Provided by Shin & Kim
Our Antitrust & Competition Practice Group offers top-notch legal services around all areas of the laws enforced by the Korea Fair Trade Commission (“KFTC”), including monopoly regulation and fair trade, fair transactions in subcontracting and large retail businesses, fair agency transactions, franchise businesses, e-commerce, regulation of terms and conditions, fair labeling and advertising.
The Antitrust & Competition Practice Group has approximately 70 dedicated antitrust specialists including several senior advisors and former KFTC lawyers. These professionals enjoy a formidable reputation for successfully defending clients in KFTC investigations and in fair trade-related court cases. The Antitrust & Competition Practice Group is renowned for advising clients on operational issues as well, such as merger filings, corporate governance structure reform, compliance system audits and ESG diagnoses relating to fair trade. The Antitrust & Competition Practice Group also offers comprehensive and systematic services in antitrust cases that involve information and communication technology, online platforms and other digital content.
Chambers Review
Shin & Kim is a major player in high-profile bid-rigging and cartel investigations and abuse of market dominance cases. The team is demonstrably strong in reducing KFTC surcharges and also advises on unfair support and unfair advertising disputes. The firm houses a number of former KFTC officers within the team. It also assists clients with merger filings on domestic and cross-border M&A transactions. Shin & Kim represents clients across a range of industries; notable among them are Asiana Airlines, Koninklijke Philips and SD Biosensor.
Work Highlights
- Shin & Kim advised SD Biosensor on its acquisition of Meridian Bioscience. The firm assisted with the merger filings arising from the transaction.
Strengths
Provided by Chambers
"Shin & Kim is the go-to firm in Korea for complex and high-profile antitrust matters. Their track record speaks for itself. They are extremely service-oriented and responsive, at all times during the day and night."
"Shin & Kim have diverse experience and a high level of expertise to provide solutions."
"Shin & Kim has an excellent legal team that has a good overview of strategic issues while giving sufficient attention to details."
"Shin & Kim is the go-to firm in Korea for complex and high-profile antitrust matters. Their track record speaks for itself. They are extremely service-oriented and responsive, at all times during the day and night."
"Shin & Kim have diverse experience and a high level of expertise to provide solutions."
"Shin & Kim has an excellent legal team that has a good overview of strategic issues while giving sufficient attention to details."
Notable Practitioners
Yim Young Chul leads Shin & Kim's antitrust practice and draws on valuable experience gained during his time as a Seoul High Court judge and as the General Counsel of the KFTC. He assists domestic and foreign clients with investigations into abuse of dominance, collusion, unfair trade practices and cartels.
John Choi has a wealth of experience advising on a number of transactional and contentious matters including merger filings, antitrust and abuse of dominance investigations. He is particularly adept at handling complex cross-border issues for international clients.
"Even in cases where Shin & Kim is not involved, I seek John's advice on our approaches due to his excellent analytical and legal skills and due to his impeccable integrity."
"John Choi is legendary in the Korean legal community for his unchallenged ethical standard and for his excellent lawyering skills."
"John is a recognised market leader and a trusted adviser. Most importantly, he delivers results."
Park Jooyoung is a well-reputed lawyer who leverages his experience as a former KFTC official to advise on a number of matters concerning competition and antitrust, including bid rigging and collusion. He continues to act on behalf of major domestic and international corporations.
"He has excellent practical experience with the KFTC, and based on this, he has been proactive in preventing competition law violations."
"Jooyoung has great command of complex facts and legal issues. He has incredible knowledge of the KFTC. A tough and thorough internal investigator."
Cho Chang-Young leverages his experience at the KFTC to advise on a range of competition and antitrust mandates including abuse of dominance, unfair trade practices and cartel investigations. He typically represents foreign corporations.
"He always explains the advice in an easy-to-understand way."
Lee Changhun has a growing practice, and is known by sources for his key role in representing clients from the automotive and telecommunications sectors in high-profile investigations brought by both the KFTC and foreign authorities. He handles a wide range of mandates spanning cartels, collusion and market misconduct cases.
"Lee Changhun is well known in the industry for his expertise, knowledge and experience."
Lee Sangdon possesses notable skills in global merger filings and is regularly mandated by large foreign corporations.
"He is my go-to contact in Korea on merger control matters. He is incredibly responsive and his team produces top-quality work, often under tight time pressure."
"When I have a merger filing issue, I seek Sangdon's help."
Ranked Lawyers at
Shin & Kim
South Korea
Members
Provided by Shin & Kim
Dong Ryul Lee
Geun Bae Seok
Hyunah Kim
Otae Kwon
Head of Department
Clients
Provided by Shin & Kim
Aktiebolaget Volvo
Asiana Airlines
CJ OliveNetworks
Fiat Chrysler Automobiles N.V.
GS Energy Corporation
Hyundai Heavy Industries
KEB Hana Bank
Koninklijke Philips N.V.
Lotte Chemical Corporation
Lotte GRS
Mercedes-Benz Korea Ltd.
Merck KGaA
NH NongHyup Bank
Qualcomm Inc.
SK Broadband
SK Engineering & Construction
SK Telecom
SKC
Samsung Display
Industries
Provided by Shin & Kim
Airlines
Automobiles & Parts
Banks
Biopharmaceutical
Chemicals
Construction
Energy
F&B
Financial Services
Industrial Engineering
Mining & Metals
Retail
Software & Computer Services
Technology, Hardware & Electronics
Telecommunications
Transportation