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South Korea's competition regulator won 91 percent of Supreme Court cases in 2024

( February 6, 2025, 03:09 GMT | Official Statement) -- MLex Summary: South Korea’s competition regulator secured significant victories in cases before the country's Supreme Court last year, winning 83 out of 91 cases, according to the Korea Fair Trade Commission. The KFTC reported a 91.2 percent success rate in appeals filed by companies challenging its sanctions on cartel activities, unfair-trade practices, and subcontracting law violations. Over the past five years, the KFTC has maintained a strong track record, winning approximately 90 percent of Supreme Court cases, with 2.2 trillion won (about $1.5 billion) upheld out of the 2.3 trillion won in total fines imposed.The statement, in Korean, is attached....

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