Energy Energy

South Korea's planned change in large business group regulation put on hold amid trade conflict concerns

By Wooyoung Lee
  • 02 Aug 2022 08:12
  • 02 Aug 2022 08:12
A plan by the South competition regulator to revise an enforcement decree that would place foreign nationals under regulations targeting conglomerates is being reexamined because of concerns that it could potentially violate the Korea-US Free Trade Agreement.
The Ministry of Trade, Industry and Energy is reviewing whether the revisions could

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

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.

Discover MLex

Stay on top of global regulatory developments

Latest News