Competition/Antitrust
Asia-Pacific Guide 2025 : South Korea
Band 1
Email address
[email protected]Contact number
+82 2 528 5200About
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
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.
Work Highlights
- Yulchon represented both Microsoft and Activision Blizzard as their joint Korean merger control counsel in Microsoft’s USD70 billion acquisition of Activision Blizzard.
Strengths
Provided by Chambers
"Yulchon's seamless communication with regulators ensures high predictability in the response process."
"Yulchon's competition team is always highly responsive."
"They are very aware of commercial pain points and their advice is commercially minded."
"Yulchon's seamless communication with regulators ensures high predictability in the response process."
"Yulchon's competition team is always highly responsive."
"They are very aware of commercial pain points and their advice is commercially minded."
Notable Practitioners
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 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.
"He is extremely well respected among regulators in Korea and is effective in navigating applications and driving through to conclusions."
"Cecil is an exceptional practitioner and trusted adviser, given his deep technical knowledge and pragmatic competition advice on cross-border transactions."
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.
"Park Sung Bom provided excellent technical and pragmatic legal advice."
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.
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.
Ranked Lawyers at
Yulchon LLC
South Korea
Members
Provided by Yulchon LLC
Hae Sik Park
Kyu Hyun Kim
Seung Hyuck Han
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
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Commercial & Professional Services
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Consumer Product Manufacturing
Education
Energy
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Food & Drink ProducersForestry & Paper
Government
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