Sung Bom Park

Career

Sung Bom Park is Chair of the Antitrust Practice and also heads the Healthcare Team at Yulchon. His practice ranges across various industries including automotive manufacturing, aviation, healthcare and telecommunications (TMT). In the practice of Korean antitrust law, Sung Bom has been a pioneer as his antitrust career began in the mid-1990’s, when antitrust enforcement emerged as a relatively new legal field in Korea. Since then, he has represented both foreign and Korean clients in a number of high-profile antitrust cases. Sung Bom has also handled a number of unfair trade practice cases in the automotive, healthcare, mobile communications and retail industries, in addition to advising clients on unfair internal transactions and antitrust regulations on large business groups. Sung Bom was one of the first attorneys in Korea to realize the importance of establishing compliance systems in companies and therefore to advise many domestic and international companies to introduce enterprise legal risk management systems and preemptively manage and control antitrust and other legal risks which may interfere with business operations. In addition to his role as an antitrust attorney, Sung Bom is heading Yulchon’s Healthcare Team, advising and litigating for clients including major domestic and international pharmaceuticals, medical device producers and medical institutions on various legal matters.Sung Bom has also advised government agencies: as a Subcontract Dispute Mediation Council member of the Korea Fair Trade Commission from 2002 to 2009, as a Cartel Advisory Committee member of the same competition authority from 2004 to 2012, and as a Legal Advisory Group member of the Korea Communications Commission since 2010. Sung Bom is also serving in educational roles in the legal academia: as Vice Chair of the Korean Competition Law Association and Asia Pacific Competition Community, as a lecturer of antitrust and compliance for Seoul National University, Yonsei University, Seogang University, Seoul Bar Association, and Fair Competition Federation as well as major companies.

Personal

Education

2001 University of California, Davis, School of Law, LL.M.

1997 Seoul National University Law Research Center, Antitrust & Competition Law Course (3rd)

1992 Judicial Research and Training Institute, the Supreme Court of Korea

1989 Yonsei University, College of Law, LL.B.

Experience

2012-present Partner, Yulchon LLC

2020-present Vice Chair, Asia Pacific Competition Community (APCC)

2019-present Adjunct Professor, Yonsei Law School

2018-present Vice Chair, Korean Competition Law Association

2010-present Member, Legal Advisor Group, Korea Communications Commission

2008-present Member, Legal Economic Group (LEG), Korea Fair Trade Mediation Agency

2005-present Member, Korea Competition Forum

2004-2012 Member, Cartel Advisory Committee, Korea Fair Trade Commission

2003-2012 Partner, Yoon & Yang LLC

2002-2007 Lecturer, Judicial Research and Training Institute, the Supreme Court of Korea

2002-2003 Partner, Yoon & Partners

1999-2000 Lecturer, Korea Productivity Center (Antitrust Law)

1999-2009 Member, Subcontracting Dispute Mediation Committee, Korea Fair Trade Association

1996-2002 Associate, Yoon & Partners

1992-1995 Judge Advocate, Army of Republic of Korea