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Client Alert January 24, 2022

U.S., Korea Antitrust Enforcers on Watch for Bid-Rigging in USFK Defense Contracts

  • South Korea and U.S. antitrust regulators are increasing collaboration in cross-border matters, with the Biden administration gearing up enforcement.
  • Potential targets include South Korean companies that conduct business with the U.S. Forces Korea (USFK).
  • Our team explains why an aggressive, multi-jurisdictional defense is necessary to mitigate the risks

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Client Alert March 12, 2021

Don't Stand Passive Against Anti-Competitive Behavior: U.S. Court Endorses Private Sector Antitrust Tools

  • Companies often believe that the only remedy for anti-competitive behavior comes from government intervention.
  • However, as a recent U.S. appeals court decision illustrates, private parties can obtain relief themselves, even against “consummated” mergers approved by government regulators.
  • This creative strategy is just one of many that companies can deploy by themselves when facing competitive challenges.

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Client Alert May 15, 2019

“Cartels Beware”: U.S.-Korea Antitrust Enforcement Likely to Reach a New Scale

  • A recent meeting between antitrust enforcers from South Korea and the U.S. signals an increase in future collaboration between the U.S. Department of Justice (DOJ) and Korea Fair Trade Commission (KFTC) on cross-border criminal antitrust enforcement.
  • A greater degree of DOJ-KFTC collaboration will result in increasingly complex multinational antitrust litigation.
  • When these enforcers take collaborative actions, targets will require equally coordinated defense strategies - likely combining the knowledge of both Korea and U.S. antitrust specialists.

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Client Alert August 9, 2018

5 Questions Raised By the DOJ's Partnership With Global Antitrust Enforcers

  • A new Multilateral Framework on Procedures in Competition Law Investigation and Enforcement (MFP) is being finalized.
  • Although the new MFP will not be binding on all enforcement regimes, the MFP’s compliance mechanisms should incentivize agencies to comply with the common commitments.
  • This announcement raises five key questions about the future of global antitrust enforcement.

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For media inquiries, please contact:
Alex Stevens  |  Leader of Global Communications
email  |  +1 646 448 6283