Hoil Yoon

Practice Areas

Antitrust & Competition

Cartel

Abuse of Market Dominance

Unfair Trade Practices

Antitrust & Competition Compliance

International Arbitration ∙ Litigation

Foreign Investment

M&A

Corporate Governance

Career

Hoil Yoon is an Honorary Managing Partner at Yoon & Yang LLC. His main practice areas include antitrust, international business transactions and international arbitration and litigation.

Prior to establishing Yoon & Yang, Hoil Yoon practiced law in the United States as a partner at Baker & McKenzie for ten years. Based on his extensive experience as a member of the Korea Fair Trade Commission, Judge at the Seoul Civil District Court, member of the International Cartel and International Affairs Task Force of the American Bar Association, and non-governmental advisor of the International Competition Network, Mr. Yoon advised domestic and multinational companies on matters including M&A, cartels, abuse of market dominance, unfair trade, antitrust in the field of intellectual property rights, antitrust litigation, compliance programs, fostering competition, international trade, and international litigation and arbitration.

Professional Memberships

Admitted to bar, Korea (1967); New York (1988); Washington D.C. (1981); United States Supreme Court (1977); United States Court of Customs and Patent Appeals (Currently the U.S. Court of Appeals for the Federal Circuit) (1977); Illinois (1973)

Publications

Korea Chapter, Getting The Deal Through: Cartel Regulation 2022, Law Business Research (co-author), 2021

Korea Chapter, Getting The Deal Through: GCR Immunity, Sanctions, Settlements Know-how (co-author), 2020

Korea Chapter, Chambers Global Practice Guides: Cartels 2019, Chambers and Partners (co-author), 2018)

Korea Chapter, Antitrust Issues in International Intellectual Property Licensing Transactions, ABA Section of Antitrust Law (co-author), 2012

Korea Chapter, Competition Laws Outside the United States, 2d Ed., ABA Section of Antitrust Law (co-author), 2012

Cartel Regulation 2009 – Korea, Global Competition Review Special Report (2009)

“Merger Notification Procedures in Korea,” Competition and Antitrust Review 2009, 2009

“Strengthening Anti-Cartel Enforcement in Korea,” Journal of Competition, 2005

Toward a New Competition Policy in Korea, Competition and Antitrust 2002, IFLR (co-author), 2002

“Relief for Wrongful Conduct in Futures Trading,” 1 Korean Journal of Futures and Options 165, 1993

“Proxy Solicitation and Voting Trust,” 8 Commercial Law Review 169, 1990

“Legal Aspects of Doing Business in and with the Republic of Korea,” in Current Legal Aspects of Doing Business in Japan and East Asia, Section of International Law, American Bar Association, 1978

“Taxation of Foreign Investment and Trade,” 5 Korean Journal of Comparative Law 48, 1977

“A Study on Rule 10.B.5 of the U.S. Securities Regulations,” 47 Notre Dame Lawyer 1349, 1972

“A Study on Korean Land Law,” Korean Lawyers Association Journal, 1967

Work Highlights

[Wrongful collusive act (cartel)]

Handled the case involving price cartel of large commercial vehicle (truck) manufacturers

Handled the case involving price cartel of ramyeon product manufacturers

Handled the case involving price cartel of automobile parts manufacturers

Handled the case involving cartel of international air cargo freights of airliners

Handled the case invlving price cartel of TFT-LCD products

Handled the case involving price cartel of color television set (CDT) manufacturers and sellers

Handled the case involving price cartel of elevator manufacturers

Handled the case involving international interest & forex rate cartel of global banks

Handled the case involving price cartel of global electronic parts makers

Handled the case involving price cartel of system air conditioner makers

Handled the case involving price cartel of marine hose manufacturers and sellers

[Merger filings]

Handled the review of business consolidation related to Microsoft’s acquisition of Nokia’s mobile business

Handled the review of business consolidation related to a global semiconductor chip maker’s obtainment of patent for RealNetworks

[Abuse of market dominant position/unfair trade practice]

Handled the case involving Qualcomm’s abuse of market dominant position

Handled the case involving a global semiconductor company’s abuse of market dominant position

Handled the case involving wrongful solicitation of customers by pharmaceutical companies

Handled the case involving the investigation by the Korea Fair Trade Commission (KFTC) as to British American Tobacco Korea (BATK)

[Other]

Advised and represented large domestic enterprises and financial companies related to general issues, governance structure, and cross-border transaction

Advised and represented multinational companies related to transactions, contractual executions, and dispute resolutions while engaging in business activities in Korea

Advised and represented Korean large enterprises and financial institutions operating in the US with respect to overall legislative issues (working for 10 years as a partner at Baker & McKenzie)

Languages Spoken

Korean and English

Experience

2003-present: Yoon & Yang LLC

1989-03: Yoon & Partners

2023-present: Honorary Chairperson, Asia Competition Association

2023-present: International Ambassador, Section of Antitrust, American Bar Association

1991-present: Arbitrator, Korea Commercial Arbitration Board

1990-present: Member, Rotary International (Seoul Hangang Rotary Club) (President, 2004-05)

2010-14: Chairman, Asia Competition Association

2008L Advisor, Committee for Promotion of Advanced Act and Subordinate Status, Korea Fair Trade Commission (KFTC)

2007-12: Member, International Cartel Task Force & International Task Force, Section of Antitrust, American Bar Association

2005-13: Member, Competition Policy Advisory Board, Korea Fair Trade Commission

2005-09: Chairman, Korea Competition Forum

2002-11: Non-Governmental Advisor, International Competition Network

2002-04: Commissioner, Civilian-Government Joint Forum for Doha Development Agenda

2002-04: Vice President, Korea Derivatives Association

2000-02: Ambassador for International Economy and Trade, Ministry of Foreign Affairs and Trade

1999-01: Member, Competition Policy Advisory Board, Korea Fair Trade Commission

1996-07: Member, Stock Index Management Committee, Korea Exchange

1996-06: Visiting Lecturer, Judicial Research and Training Institute

1996-98: Nonstanding Commissioner, Korea Fair Trade Commission

1992-00: Mediator, International Center for Settlement of Investment Disputes (ICSID)

1991-94: Advisory Member, New product Advisory Committee, Korea Exchange

1991-92: Director, Korean Bar Association

1985-87: Lecturer, Columbia University School of Law, New York

1984-88: Director, U.S.-Korea Society, New York

1983-84: Chairman, American Bar Association’s Subcommittee on Korea

1982-89: Arbitrator, American Arbitration Association

1973-89: Baker & McKenzie (New York and Chicago)

1970: Judge, Seoul Civil District Court, Seoul, Korea

1967-70: Judge Advocate, Republic of Korea Air Force

Education

Awards