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News & Analysis

KFTC proposes ex-ante regulation of platforms under the “Platform Competition Promotion Act”

02 January 2024 by Lee & Ko - South Korea

On December 19, 2023, the Korea Fair Trade Commission (“KFTC”) announced its proposal to enact the “Platform Competition Promotion Act” (“PCPA”) for ex-ante regulation of platforms by designating “dominant platform operators.”

News & Analysis

Designing around patent is considered legitimate

13 December 2023 by DPS Parmar

It is common to find competitive inventors to work on the uncovered aspect of a patent claim and design around it to escape the sword of infringement.

News & Analysis

Effects of the Draft Patent Rules, 2023 on Pharma Industry

30 November 2023 by Manisha Singh (Partner) & Harshini A. (Trainee Associate)

A couple of months back, the Ministry of Commerce and Industry published the Draft Patents (Amendment) Rules,2023, with various changes to the rules, regulations and fees, which welcomed suggestions and objections from the public.

News & Analysis

Litigation May Surge as the Market Corrects Slowly

29 November 2023 by Wu Fangrong, Partner

2023 At the end of August, there was a shift in real estate control policy.

News & Analysis

KFTC Issues Advance Notice on Amendment of Merger Review Guidelines

24 November 2023 by Lee & Ko - South Korea

Improvement of merger review process focusing on reflecting characteristics of the digital sector

News & Analysis

Guidelines on Foreign Exchange Business of Foreign Financial Institutions

13 November 2023 by Lee & Ko - South Korea

On October 18, 2023, the Guidelines on Foreign Exchange Business of Foreign Financial Institutions (the Guidelines) were established and implemented to open the domestic foreign exchange market to the outside world.

News & Analysis

MOJ Announces Amendments to the Korean Commercial Act to Reinforce Regulations on Corporate Governance and Protection of Shareholders

10 October 2023 by Jipyong - South Korea

On August 24, 2023, the Ministry of Justice (the “MOJ”) announced partial amendments to the Commercial Act of Korea to bolster regulations on corporate governance and protection of shareholders.

News & Analysis

Facing the Future: Chinese Regulators Grapple with Facial Recognition Technology

05 September 2023 by AnJie Broad Law Firm : Samuel YANG, Chris FUNG, CHEN Sizhuo

Facial recognition technology (“FRT”), an innovation that has garnered both praise and concern, has become increasingly prevalent in our daily lives, from unlocking smartphones to clocking in at work.

News & Analysis

Voluntary Carbon Market – A New Genre of Cross Border Disputes?

04 September 2023 by Jipyong - South Korea

Voluntary carbon market (“VCM”) is a truly unique marketplace where private actors buy and sell carbon credits to remove or reduce greenhouse gases (GHG) in the atmosphere.

News & Analysis

Highlights of the FY2023 Tax Law Amendment Proposals

29 August 2023 by Lee & Ko - South Korea

The Korean Ministry of Economy and Finance (MOEF) confirmed and announced the FY2023 tax law amendment proposals on July 27, 2023 (Proposals).