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Economic analysis to be bolstered in South Korean competition enforcement, KFTC chairwoman says

By Wooyoung Lee, Choi Hyung-jo and Leah Nylen ( November 20, 2019, 02:23 GMT | Insight) -- Faced with an increasing demand for effective enforcement based on economic evidence, the South Korean antitrust regulator is seeking to enhance its economic-analysis capability by bringing in an external economist as a head of its economic analysis team, the country’s top competition official has told MLex. In an interview in Seoul late last week, Korea Fair Trade Commission's new chairwoman, Joh Sung-wook, said she planned to hire an economist from outside the KFTC to fill the role as chief of the regulator’s economic-analysis team.Faced with an increasing demand for effective enforcement based on economic evidence, the South Korean antitrust regulator is seeking to enhance its economic-analysis capability by bringing in an external economist as a head of its economic analysis team, the country’s top competition official told MLex....

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