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The North Face distributor confronts record Korean fine

Tuesday, 01 May 2012

The North Face is an increasingly popular brand in Korea
Korea’s Fair Trade Commission (KFTC) has fined outdoor products distributor Goldwin 5.2 billion won (€3.5 million) for imposing identical prices on The North Face products.

Korea raids big tech players

Thursday, 19 April 2012

HP's premises were raided on 13 April
Korea’s Fair Trade Commission (KFTC) has targeted four multinational information technology (IT) companies in a series of dawn raids this month.

Korea curbs noodle cartel

Friday, 23 March 2012

Nongshim is accused of leading the cartel
Korea’s Fair Trade Commission (KFTC) has fined four instant noodle-makers 135 billion won (€89.7 million) for operating a price-fixing cartel, a decision that lawyers say raises questions about the point at which information exchange is considered anti-competitive.

Korea targets mobile collusion

Tuesday, 20 March 2012

The KFTC fined the companies for "unfair attraction of customers".
Korea’s Fair Trade Commission (KFTC) has fined mobile phone carriers and handset manufacturers 45 billion won (€30.4 million) for colluding to raise the price of mobile phone handsets.

Korea clears Google/Motorola

Thursday, 08 March 2012

Google is buying Motorola and its 17,000 patents
Korea’s Fair Trade Commission (KFTC) today unconditionally cleared the US$12.5 billion merger between Google and Motorola Mobility, saying that although concerns over possible patent abuse remain, these concerns are not merger-specific.

Korea takes second look at car importers

Wednesday, 22 February 2012

Korea has already investigated car importers in 2008
Korea’s Fair Trade Commission (KFTC) is investigating Mercedes Benz, BMW, Audi Volkswagen and Toyota over the pricing of cars imported to Korea, echoing allegations against luxury car importers it examined in 2008.

Korea combats defence companies

Wednesday, 08 February 2012

Korea has fined the companies for fixing bids for submarine contracts
Korea’s Fair Trade Commission (KFTC) has fined four of the country’s major defence manufacturers for allegedly fixing auctions relating to a 2.7 trillion won (€1.8 billion) project to build next generation submarines.

KFTC guidelines expand patent focus

Friday, 03 February 2012

The KFTC has introduced antitrust guidelines on standard setting
Korea’s Fair Trade Commission (KFTC) has published new guidelines regarding possible anti-competitive use of patents, focusing on standard setting.

KFTC offers funding for Samsung/LG private action

Thursday, 26 January 2012

The KFTC will provide funding to publicise the private lawsuits
Korea’s Fair Trade Commission (KFTC) has announced it will give financial backing to private class action suits against Samsung Electronics and LG Electronics.

Korea introduces antitrust guidelines for patent use

Thursday, 19 January 2012

The KFTC has introduced antitrust guidelines on patent licensing
Korea’s Fair Trade Commission (KFTC) has published new antitrust guidelines on patent licensing, informing companies of how to avoid raising antitrust concerns and outlining the authority’s possible enforcement strategy.

Korea penalises Samsung and LG

Friday, 13 January 2012

Samsung and LG may escape fines under leniency programme
Korea’s Fair Trade Commission (KFTC) has fined Samsung Electronics and LG around 45 billion won (€30.5 million) for colluding to increase the prices of their electronic products.

Google denies hampering KFTC dominance investigation

Thursday, 12 January 2012

Google
Google has denied that its employees took steps to obstruct an investigation by Korea’s Fair Trade Commission when the enforcer performed on-site inspections of the company’s local offices last year.

Korea amends merger control guidelines

Wednesday, 04 January 2012

The KFTC has amended its merger control guidelines
Korea’s Fair Trade Commission (KFTC) has amended its merger control guidelines by extending the scope of merger reviews regarding large companies and increasing the number of deals that can apply for fast-track review.

Korea fines cathode ray tubes cartelists

Wednesday, 14 December 2011

The KFTC fined CTR glass makers €36 million
Korea’s Fair Trade Commission has fined four manufacturers of cathode ray tube glass 54.5 billion won (€36 million) for participating in a cartel.

Rewiring the economy

Thursday, 17 November 2011

Featured In: November 2011 (Vol. 14 Iss. 10)

Korea’s Fair Trade Commission wants to help reduce the country’s surge in prices, but will the change in tack risk jeopardising its reputation as a world-class enforcer? Rachel Bull finds out

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