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

New merger review standards in South Korea emphasize free services, network effects in digital mergers

( April 29, 2024, 04:02 GMT | Official Statement) -- MLex Summary: South Korea's competition regulator has revised its merger review standards to better reflect the dynamics of the digital economy, with changes set to be implemented on May 1. According to the Korea Fair Trade Commission, the updated guidelines now consider the impact of free services and the network effects they generate during merger evaluations, addressing a previous gap in the framework. Additionally, the regulator clarified how markets are defined when services are offered at no cost to consumers, shifting the focus from price effects to quality and market competition implications. The regulator said the revisions also enhance the review process for the competitive effects of mergers, ensuring that both potential restrictions and efficiency gains are assessed more thoroughly.The KFTC statement and the revised guidelines, in Korean, are attached....

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