About

Provided by Yulchon LLC

Our pioneering antitrust practice has received global recognition over the past two decades. Beginning in 2002, we have consistently been ranked by Global Competition Review (GCR) as one of the world’s top 100 antitrust law firms. Over this period, our antitrust practice has earned the “Elite” distinction every year, annually awarded by GCR, for 22 consecutive years. Similarly, other global ranking publications have consistently rated our antitrust practice as one of the very best in Korea.

 

We take great pride in providing our clients with the best legal service. Whether providing advice at the business planning phase, responding to a KFTC investigation, or litigating an administrative, civil, or criminal action, we believe our antitrust practice is best suited for protecting our clients’ interests.


Our practice areas include:

  • Merger Control
  • Cartels
  • Abuse of Dominance
  • Unfair Trade Practices
  • Unfair Solicitation of Customers
  • Unlawful Discriminatory Practices
  • Abuse of Superior Bargaining Position
  • Unfair Refusal to Deal
  • Misleading or Deceptive Labelling & Advertising Practices
  • Other Antitrust Matters


No other Korean firms come close to the breadth and depth of our contributions to the international antitrust community. We were extremely active in international antitrust bar associations and business organizations, including the ABA, IBA, OECD and ICC, taking leadership roles and contributing to the development of robust dialogue on antitrust in a truly international sense.  

Chambers Review

Provided by Chambers
Competition/Antitrust - South Korea
1
Band 1
What the team is known for

Yulchon boasts a renowned competition/antitrust group and remains a top contender in domestic and cross-border matters. The team provides skilful advice on a full spectrum of matters, including abuse of market dominance and cartel issues. It also handles global merger reviews and represents the Korean antitrust authorities in overseas matters. As well as local attorneys, the team is home to foreign legal consultants and former government officials. The practice is well equipped to handle cases in the financial, automotive, technology and pharmaceutical sectors. Its notable clients include Delta Air Lines, Microsoft and Qualcomm.

Work Highlights

Provided by Yulchon LLC
  • Yulchon acted for VMware as its Korean merger control counsel on its USD61 billion acquisition by Broadcom.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers
Sai Ree Yun
S
Sai Ree Yun
S
Senior Statespeople

Yun Sai Ree is one of the founders and serves as honorary managing partner at Yulchon. He has over three decades of experience in competition and antitrust law, having handled some of the most significant cases in the field.

Cecil Chung
1
Cecil Chung
1
Band 1

Cecil Chung draws upon his past experience working as a staff litigation attorney at the US Federal Trade Agency and at two international firms to advise domestic and US companies on merger filings, cartels and bid-rigging investigations. He is a trusted counsel among many international and domestic entities.

"Cecil is a pragmatic and excellent lawyer with deep expertise in navigating complex reviews with the KFTC. He leads a strong team, and provides excellent responsiveness and well-considered advice for the clients."

"Cecil is an excellent adviser who we often turn to for advice related to Korean merger control rules."

Sung Bom Park
1
Sung Bom Park
Head of Competition/Antitrust
1
Band 1

Park Sung Bom leads the firm's competition and antitrust practice. He is best known for advising a diverse clientele of domestic and international companies on the antitrust aspects of high-profile M&A transactions, in addition to abuse of dominance and cartel cases.

"Sung Bom Park has an excellent ability to respond to regulators during the corporate combination process, and prepare and review written submissions."

"He has extensive expertise in the field of fair trade and provides appropriate advice according to customer needs."

Seuk Joon Lee
4
Seuk Joon Lee
4
Band 4

Lee Seuk Joon advises on a range of antitrust work, including abuse of market dominance and cartel investigations, and draws upon his past experience working in leadership roles at the KFTC. He acts on behalf of clients from a wide range of sectors, including energy, transport, medical devices and financial services.

"He is fully equipped with a lot of KFTC-related experience and Korean antitrust law knowledge. He offers a high-level, quality service and has a good relationship with the KFTC."

Song Ryu
4
Song Ryu
4
Band 4

Ryu Song offers expertise in the competition and antitrust space, assisting clients with merger clearance, abuse of dominance and unfair trade practice cases as well as administrative appeals. His client roster includes Korean corporations and conglomerates.

"He is a diligent attorney who provides sound advice."

Ranked Lawyers at
Yulchon LLC

Provided by Chambers
Filter by
Band

South Korea

Competition/Antitrust

Sai Ree Yun
S
Sai Ree Yun
S
Senior Statespeople
Cecil Chung
1
Cecil Chung
1
Band 1
Sung Bom Park
1
Sung Bom Park
Head of Competition/Antitrust
1
Band 1
Seuk Joon Lee
4
Seuk Joon Lee
4
Band 4
Song Ryu
4
Song Ryu
4
Band 4

Members

Provided by Yulchon LLC

Hae Sik Park

Kyu Hyun Kim

Seung Hyuck Han

Sung Bom Park

Sung Bom Park

Head of Department

Sung Moo Jung

Yang Jin Park

Yoon Hwan Hwang

Yu Mi Choi

Clients

Provided by Yulchon LLC

Continental AG

Delta Air Lines

GS Caltex

GSK (GlaxoSmithKline)

Glencore

Hyundai Motor Company

ITOCHU

Korea Telecom

Moody’s

Praxair

Qualcomm

SK Hynix

Schaeffler AG

Spectris plc

Universal Music

Industries

Provided by Yulchon LLC

Aerospace & Defence

Automobiles & Parts

Banks

Chemicals

Commercial & Professional Services

Construction & Materials

Consumer Product Manufacturing

Education

Energy

Financial Services

Food & Drink ProducersForestry & Paper

Government

Health Care

Industrial Engineering

Insurance

Media

Mining & Metals

Pharmaceuticals & Life Sciences

Retail

Software & Computer Services

Technology, Hardware & Electronics

Telecommunications

Transportation

Travel & Leisure

Utilities