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South Korea's antitrust enforcement regime faces major overhaul

By Danbee Lee ( November 13, 2017, 04:03 GMT | Insight) -- South Korean antitrust enforcement is set for a big shake-up that will include a doubling of fines and broader access to bring prosecutions in cases involving breaches in the distribution sector. Alongside higher fines and an end to the Korea Fair Trade Commission's exclusive right to refer cases to the Prosecutors' Office are also punitive damages and private injunctions, expanded means for the granting of civil relief, and the sharing of investigation rights between the KFTC and local governments.South Korean antitrust enforcement is set for a big shake-up that will include a doubling of fines and broader access to bring prosecutions in cases involving breaches in the distribution sector....

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