Young Chul Yim
Asia-Pacific Guide 2024
Senior Statespeople : Competition/Antitrust
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Senior Statespeople
About
Provided by Young Chul Yim
Practice Areas
Mr. Young Chul Yim is a senior counsel and heads Shin & Kim's antitrust group. Mr. Yim brought to the firm his 13-year-long experience as a judge and multiple years of stellar career at the Korea Fair Trade Commission (the "KFTC") as the KFTC's General Counsel, and the Director General of the Commission's Competition Policy Bureau and Subcontract Bureau. For his exemplary services at the KFTC, Mr. Yim received the "role model officer" award by overwhelming votes among his colleagues within the KFTC. This award earned him a reputation from the media that started referencing Mr. Yim as "Mr. KFTC" or "Mr. Competition Law". Among his notable achievements at the KFTC, Mr. Yim revised the hearing procedural rules within the KFTC that enhanced the due process rights for defendants. While at the KFTC, Mr. Yim also prepared the antitrust practitioners' guide for the KFTC officers covering both substantive and procedural issues that often arise in the law enforcement. The KFTC officers still use that practitioners' guide in their enforcement. During his career as an antitrust defense counsel after he had departed from the Commission, Mr. Yim was again chosen as the "Best Antitrust Lawyer" by a leading Korean newspaper publisher that surveyed the managing partners of top 20 law firms in Korea. During the past several years, Mr. Yim has led Shin & Kim's antitrust group in handling several landmark cases, such as Qualcomm in abuse of dominance case and SKT in unfair business practices case. Mr. Yim has also been prolific in publishing legal papers and treatises, including, among many others, "Korean Competition Law – Issues and Commentaries" (2007, Bobmunsa). Mr. Yim is widely regarded as the most influential figure in the Korean antitrust community.
Career
Senior Partner, Shin & Kim; Barun Law Offices (2002-06); Member of Administrative Appeal Commission under the Prime Minister (2008); Non-standing Director of Korean Consumer Agency (2008); General Counsel, Director General of the KFTC (1996-2002); Judge (1983-96).
Professional Memberships
Korean Bar.
Publications
“Fair Trade Act - Theory and Practices” (2018); "Korean Competition Law - Issues and Commentaries" (2007). Korean Chapter of “Korean antitrust regime: Key trends and developments”, Competition & Antitrust Review (2013, Co-authored); “Procedures of Handling of Cases by the Korea Fair Trade Commission, and Procedures of Raising Objection” (Lawyer Education Center of the Korean Bar Association) (2006), etc.
Personal
Voted the 'Role Model Officer' by the KFTC staff (2001). Chosen as the ‘Best Antitrust Lawyer’ (2007) by top 20 law firms in Korea. Selected as one of ‘Top 3 Antitrust Experts’ (2013) in survey of the members of legal circle by major news publication with Mr. Yim receiving the largest votes.
Education
Seoul National University, Graduate School of Law
LL.M.
1988
Seoul National University, College of Law
LL.B.
1980
Chambers Review
Asia-Pacific
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.
Articles, highlights and press releases
3 items provided by Shin & Kim
MERGER CONTROL IN KOREA Vol. 03 - KFTC’s Unconditional Approval of Joint Venture Between Ride-Hailin
On January 28, 2021, the Korea Fair Trade Commission (the “KFTC”) unconditionally approved the proposed formation of a 51:49 joint venture between two ride-hailing giants, Uber B.V. (“Uber”) and T Map Mobility Co. Ltd. (“T Map Mobility”).
MERGER CONTROL IN KOREA Vol. 02 - Introduction of New “Size-of-Transaction” Test Confirmed
On December 9, 2020, a bill for the MRFTA (“Monopoly Regulation and Fair Trade Act”) amendment was passed at the National Assembly (hereinafter the “Amendment”).
Merger Control in Korea _Vol.01
- KFTC’s Unconditional Approval on 3-to-2 Merger in Take-Home Ice Cream Segment - On September 28, 2020, the Korea Fair Trade Commission (the “KFTC”) unconditionally cleared Binggrae’s acquisition of 100 percent shares in Haitai Icecream.
MERGER CONTROL IN KOREA Vol. 03 - KFTC’s Unconditional Approval of Joint Venture Between Ride-Hailin
On January 28, 2021, the Korea Fair Trade Commission (the “KFTC”) unconditionally approved the proposed formation of a 51:49 joint venture between two ride-hailing giants, Uber B.V. (“Uber”) and T Map Mobility Co. Ltd. (“T Map Mobility”).
MERGER CONTROL IN KOREA Vol. 02 - Introduction of New “Size-of-Transaction” Test Confirmed
On December 9, 2020, a bill for the MRFTA (“Monopoly Regulation and Fair Trade Act”) amendment was passed at the National Assembly (hereinafter the “Amendment”).
Merger Control in Korea _Vol.01
- KFTC’s Unconditional Approval on 3-to-2 Merger in Take-Home Ice Cream Segment - On September 28, 2020, the Korea Fair Trade Commission (the “KFTC”) unconditionally cleared Binggrae’s acquisition of 100 percent shares in Haitai Icecream.
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