Antitrust Antitrust

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 violate the trade

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