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South Korean regulator seeks research bids on SME cartel exemptions

( March 24, 2025, 05:14 GMT | Official Statement) -- MLex Summary: South Korea's competition regulator has issued a research tender to study competition law exemptions for small- and medium-sized enterprises, or SMEs, amid discussions about potential exemptions for hard-core cartels, such as price fixing and bid rigging. Expressing caution over such exemptions, the Korea Fair Trade Commission said this could fundamentally damage market economies, adding that globally these practices remain enforcement priorities regardless of company size or market share. The five-month study will examine approaches from Australia, Japan, Germany and the US, analyzing exemption provisions, authorization systems and collective bargaining frameworks for SMEs and cooperatives. The study aims to derive policy implications through comparative legal research with South Korea's existing competition law framework.The notice, in Korean, is attached....

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