Recent Development in General

来源 :中国政法大学比较法学研究院 | 被引量 : 0次 | 上传用户:wgp121554715
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· Consent order was adopted in 2011 but not applied to cartels.Three cases were settled up to now.Two abuse of dominance cases and one merger case-NHN/Daum, SAP and Microsoft/Nokia.· Statute of limitations was increased in 2012:5 years → 7 years + 5 years.In the worst case scenario, bad conduct could be caught in 12 years.Increased exposure to criminal sanctions.An exclusive privilege of the Korea Fair Trade Commission to refer a case to the Prosecutors Office for criminal accusation is expired.The privilege is now shared with other government bodies (i.e., Board of Audit and Inspection,Small and Medium Business Administration, and Public Procurement Agency).Further, Prosecutors Office is very interested in criminal charge for anticompetitive conduct.
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