Energy Energy

Foreign nationals not likely to face South Korean conglomerate regulation until next year

By Wooyoung Lee
  • 10 Aug 2022 08:09
  • 10 Aug 2022 08:09
Companies subject to South Korean regulations targeting conglomerates whose CEOs are foreign nationals are not likely to see the plan by the competition regulator to include foreign nationals under its monitoring take place until next year.
Yoon Soo-hyun, the vice-chairman of the Korea Fair Trade Commission, or KFTC, said today

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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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