Antitrust Regulatory and Compliance Service

"There is a large pool of members in the team, and their capabilities are excellent."

- Chambers and Partners Asia-Pacific

Overview

BKL’s Antitrust and Competition Group provides its clients with a variety of compliance advisory services contributing to their companies further growing, such as advising them on establishing a comprehensive internal compliance control system.

Recently, the antitrust and competition field has witnessed that companies are being much more required to comply with all applicable laws and regulations due to, among others, the prescriptions of those laws and regulations, level of sanctions, and common use of forensic investigations. Particularly, as the importance of ESG management is increasingly emerging, whether to ensure antitrust and competition compliance is no longer just a matter of legal compliance, but an essential matter to be taken seriously for promoting sustainable growth.

Excellently Experienced in Ensuring Antitrust and Competition Compliance

BKL’s Antitrust and Competition Group analyzes each client’s antitrust and competition-related risks by using a wide range of methods, such as analyzing the respective statuses of the related business processes, conducting the necessary interviews, and inspecting the associated IT equipment and storage media. Moreover, with the aim of minimizing the possibility for its clients to violate any applicable law or regulation, it provides them with various advisory services conducive to their establishment of a comprehensive internal compliance control system, such as proposing measures to improve the identified risk factors and formulating and revising necessary guidelines and related protocols. Furthermore, as efforts to assist its clients in conducting their internal compliance control effectively, it also provides their employees with training courses on the applicable laws and regulations, and antitrust and competition-related cases and precautions based on its compliance-related work results.

Capable of Providing All-Encompassing Advice on Responding to Applicable Laws and Regulations

Just as there have been discussions to introduce new laws and regulations addressing the matters related to dark patterns, greenwashing, AI, and platforms, both the discussions of new regulatory measures and the introduction of new governing laws and regulations are actively made in the antitrust and competition field. With this in mind, BKL's Antitrust and Competition Group provides its clients with a variety of legal services, including advising them on responding to the related legislative trends and the applicable enacted and amended laws, regulations and administrative rules. Moreover, in view of the increasing frequency of antitrust and competition-related issues being raised in parliamentary inspections and by the media, it also provides its clients with all-encompassing advice on responding to any parliamentary inspection related to works under the jurisdiction of KFTC and deal with the media.
 

Key Services

Advisory Services on Compliance and Legislation
Inspects the overall antitrust and competition-related risks in the general corporate tasks, including internal transactions and collusive practices.
Inspects special transactions involving subcontractors, distributors, agents, etc.
Provides training courses on antitrust and competition-related laws, regulations, cases and precautions.
Advises on the related legislative trends and responding thereto; and speaks through certain business associations for the related sectors with regard to the enactment and amendment of antitrust and competition-related laws, regulations and administrative rules, and endeavors to facilitate their opinions to be reflected therein.
Advises on responding to any parliamentary inspection procedure related to works under the jurisdiction of KFTC, responding to any witness summons, and dealing with the media, etc.

Representative Cases

Advised a global steel maker on handling, and establishing a system for managing, compliance matters related to numerous fields, including fair trade practice, subcontracting, and labelling and advertising.
Advised an MRO procurement service provider on handling, and establishing a system for managing, various compliance matters, including subcontracting, standardized contract terms and conditions, and environment-related laws and regulations.
Advised a global oil refiner on checking and improving its system for managing various compliance matters, including fair trade practice, and revising its autonomous compliance manual.
Advisory Services on Compliance and Legislation
Advised a global steel maker on handling, and establishing a system for managing, compliance matters related to numerous fields, including fair trade practice, subcontracting, and labelling and advertising.
Advised an MRO procurement service provider on handling, and establishing a system for managing, various compliance matters, including subcontracting, standardized contract terms and conditions, and environment-related laws and regulations.
Advised a global oil refiner on checking and improving its system for managing various compliance matters, including fair trade practice, and revising its autonomous compliance manual.
Advised a large distributor on establishing a system for ensuring its compliance with the Fair Transactions in Subcontracting Act and the Act on Fair Transactions in Large Retail Business.
Advised a franchisor on responding to the amended Franchise Business Promotion Act and Enforcement Decree thereof.
Advised a large distributor on responding to the amended examination guidelines under the Act on Fair Transactions in Large Retail Business.
Advised a constructor on responding to a witness summons for the parliamentary inspections of its suspected violation of the Fair Transactions in Subcontracting Act and to the prosecution’s investigations into the testimonies.
Advised a delivery app service provider on responding to a witness summons for the parliamentary inspections of its deliver brokerage fees.