Mergers & Acquisitions Mergers & Acquisitions

Comment: Korean Air merger with rival Asiana is likely to face tough antitrust review

By Jenny Lee and Wooyoung Lee
  • 23 Mar 2021 23:12
  • 01 Apr 2021 23:46
When Korean Air announced its plan to purchase smaller rival Asiana Airlines in November, the merger was seen as a sliver of hope for the country's aviation industry, which was struggling under the declines in passenger travel brought about by the global pandemic.
Merging the two airlines would bring a fundamental

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Jenny Lee

Correspondent


Jenny joined MLex’s Seoul bureau in 2021 as a correspondent focusing on competition law and data privacy and security. Jenny received a Master’s degree from Northwestern University’s renowned Medill School of Journalism and worked for a number of news organizations in the US, including the Associated Press Television News, McClatchy and Voice of America, where she worked for almost three years in Washington DC. She returned to her native South Korea in 2019 as a reporter for Wired Korea.

Wooyoung Lee

Correspondent, Seoul


Wooyoung Lee is a correspondent based in MLex’s Seoul office, South Korea, covering antitrust, privacy and data security, mergers and acquisitions and financial services. Wooyoung has more than a decade of experience in journalism, public policy and research. She has worked and written for news outlets including The Korea Herald, Al Jazeera International, Bloomberg BNA, Monocle, among others.

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