This is the new MLex platform. Existing customers should continue to access MLex here until migrated to the new platform. For any migration queries, please contact Customer Services or your Account Manager.

South Korean regulator unveils draft guidelines on green business competition

( November 1, 2024, 05:32 GMT | Official Statement) -- MLex Summary: South Korea's competition regulator has unveiled draft guidelines that clarify how businesses can pursue environmental sustainability initiatives without running afoul of competition law. According to the Korea Fair Trade Commission, the non-binding guidelines, open for public comment until Nov. 20, aim to prevent companies from holding back on climate tech development due to antitrust concerns. The guidelines specifically outline six types of permissible collaborative activities, including joint R&D, technical cooperation, standardization, joint production, joint purchasing and information sharing, and three types of individual business conduct covering trade refusal, abuse of superior-bargaining position and exclusive dealings, providing concrete criteria for when such activities are considered less likely to violate competition law....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login

Attached Documents

Related Sections