Antitrust Antitrust

South Korea's Daewoong Pharmaceutical sanctioned for filing fake patent infringement litigation

By Jenny Lee
  • 03 Mar 2021 01:16
  • 03 Mar 2021 01:16
Daewoong Pharmaceutical was slapped with sanctions today by the South Korean antitrust regulator for abusing the country's patent infringement litigation system.

In a statement released today, the Korea Fair Trade Commission, or KFTC, imposed a corrective order and a fine of 2.27 billion won ($2 million) on Daewoong for unreasonably filing patent

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