[Webinar] US Policy Direction for Platform Regulation: Reponses to Concerns of GAFA monopolies and the Future of US Antitrust Law
Korea University’s Innovation, Competition and Regulation Law Center (ICR Law Center) would like to formally invite you to attend the next in our series of webinars on the direction of competition policy for digital platform markets in the European Union (EU), United States (US), Japan and other countries. The next webinar in our series is will be held in cooperation with Yulchon LLC. Our second webinar will build on the issues discussed during our first session held in July on the EU’s policies on platform regulation, with our focus shifting to the current expected regulatory trends in the US.
As you are already know, on July 29 the House of Representative’s Judiciary Antitrust Subcommittee held a hearing with Google, Apple, Facebook, and Amazon to question them over allegations that they violated US antitrust law. The four companies are currently being investigated by the US Federal Trade Commission and the Department of Justice’s Antitrust Division, along with state governments. Additionally, Epic Games has filed antitrust complaints against Apple and Google for the removal of their popular game Fortnite from the companies’ mobile stores.
Considering the pending issues involving the companies, it is not only an issue centered around problems in the digital platform industry but also largely involving criticism towards the US’s conservative approach to antitrust enforcement. US antitrust enforcement has always had a strong influence on global competition law enforcement and policy. It is key for regulators and antitrust professionals in Korea to understand the future of platform regulation in the US to help formulate its own competition law policy and regulation.
For this webinar, we have invited panelists with US antitrust enforcement experience, as well as professionals with academic and legal experience in US antitrust law. Currently, the US is examining its stance on large scale platforms and tech companies and weighing its antitrust policies. This discussion provides ample talking points for the direction of regulation both in the US and in Korea.
Date: Thursday, September 10th, 4:00-5:00pm, via Zoom
Host: Professor Hwang Lee (Korea University Law School, Director of ICR Law Center)
Panel: Richard Shin (Lee & Ko CECG Head of Department, Former US DOJ and FTC Economist); Professor Yong Im (Seoul National University, Economic Law); Yong Sang Kim (Yulchon LLC, Head of International Dispute Resolution Team)
If you have any questions or inquiries on the webinar, please contact ICR Law Center at firstname.lastname@example.org. Thank you for your interest in our webinar series.
[Webinar] EU Policy Direction for the Platform Industry: New Competition Tool and Digital Services Act
Korea University’s Innovation, Competition and Regulation Law Center (ICR Law Center) would like to formally invite you to attend our series of webinars on the direction of competition policy for digital platform markets in the European Union (EU), United States (US), Japan and other countries. The first webinar in our series will focus on the expected regulations in the EU, the New Competition Tool and Digital Services Act.
The EU is currently in the process of introducing the New Competition Tool and Digital Services Act mainly targeting large digital platforms to regulate them both ex-ante and ex post facto with the goal of creating effective and extensive laws. They are expected to have a bigger impact than the existing laws on transparency in platforms in Regulation 2019/1150, which became effective on July 12th.
The expected regulations being implemented in the EU is important to understand, considering that the Korea Fair Trade Commission has recently expressed its intention to create regulations for the expected legislation on “Promoting Fairness in Online Trading Platforms” and set up a task force of professionals in and outside the agency to establish guidelines on competition law enforcement against unilateral conduct by online platforms.
Against this backdrop, this webinar will explore the New Competition Tool, the existing regulations on platform transparency and the Digital Services Act. Our panel of experts will discuss the EU’s ex-ante and ex post regulatory policy direction for platforms. Our special guest Ms. Zsuzsa Cserhalmi from the Directorate-General for Competition for the European Commission will introduce and discuss the policy direction and answer questions (pre-recorded).
Date: Thursday, July 30th, 4:00-5:30pm
Host: Professor Hwang Lee (Korea University Law School, Director of ICR Law Center)
Introduction to EU Policy Direction: Sangyun Lee (Senior Researcher for the ICR Center)
Panel: Ms. Zsuzsa Cserhalmi (DG COMP Unit C6, European Commission)
Professor Yo Sop Choi (Hankuk University of Foreign Studies)
Kyoung Yeon Kim (Kim & Chang)
Professor Chongmin Kim (Kookmin University, Economics)
The second webinar in our series is expected to be held at the end of August discussing US policy direction. If you have any questions or inquiries on the webinar, please contact ICR Center at email@example.com. Thank you for your interest in our webinar series.
* The webinar will be primarily conducted in Korean.
[ICR Center-Korea Society of Industrial Organization Joint Seminar]Review of Competition Policies of the Current Administration: Achievements and Tasks
On June 18th and 19th, ICR Center and Korea Society of Industrial Organization hold a joint seminar on the theme of “Review of Competition Policies of the Current Administration: Achievements and Tasks"
■ Time: 2018.06.18-19 (Fri) 14:00 – 18:00
■ Venue: Korea Chamber of Commerce and Industry
Theme: Economic Policy of the Current Administration and the KFTC’s Policy regarding Corporate Transactions and Large Business Groups
KFTC’s role and limitations in economic development;
Issues of using competition law as a ‘policy measure’;
Necessity and degree of KFTC’s intervention in corporate transactions that are not directly relevant to efficiency, such as ‘major-minor relationships’;
Effectiveness of reforming large business groups; Pros and cons of the holding company system and issues of converting its direction
Theme: KFTC’s Law Enforcement, Content and Procedures
Whether current enforcement for traditional areas of competition law (such as abuse of market dominance) is desirable;
The legal nature and position of the KFTC: Whether it is an independent regulatory commission replacing a court of 1st instance or an administrative body, or whether it can have dual functions;
Investigation and hearing of the KFTC: Improvement issues for rights of defense KFTC’s procedures v. Judicial procedures;
Stronger criminal sanctions: Assessment on Prosecutors becoming a competition law enforcement body.
ABA SIL - ICR Center Session: The Role of Innovation and Technology in Competition Law and Enforcement in East Asia
As the global economy is transformed by new technologies and innovations, it triggers new thinking and presents new challenges to competition law and its enforcement. These new challenges have potentially major implications for cartel investigations, competition analysis in merger review, and even the very language of competition laws. Both China and South Korea are studying potential major revisions to their competition laws and enforcement regimes, while Japan has recently substantially restructured its competition law regime. How to both foster competition and encourage innovation is a common theme in these efforts.
This panel of leading scholars and expert practitioners will discuss the actual and potential changes in these 3 important jurisdictions and their likely impact, particularly on merger control and antitrust investigations procedurally and substantively, as well as potentially on innovation. The panel will share their insights on the optimal statutory and procedural frameworks to evaluate innovation effects in mergers, the analytical tools in competition law generally, and effective constraints on administrative action and judicial review.
- Date and Time: October 19, 2018, 9:00-10:30 AM
- Sponsor: Korea University School of Law Innovation, Competition & Regulation Law Center
- Committee Co-Sponsors: International Antitrust Law Committee; China Committee; Asia/Pacific Committee (Invited); International M&A and Joint Venture Committee (Invited); International Intellectual Property Law Committee (Invited)
- Panel Chair & Moderator: Hwang Lee, Korea University School of Law, Seoul, Korea
Panel Chair: Elizabeth Xiao-Ru Wang, Compass Lexecon, Boston, MA
- Speakers: Competition law enforcers, academics and practitioners from China, Japan and Korea.
17-19 October 2018
ABA Section of International Law Fall Meeting in Seoul
The ABA Section of International Law Fall Meeting will be held in Seoul.
This event will be sponsored by the ICR Center and Korea University School of Law.
The ICR Center, in partnership with ABA SIL, will organize a session on the theme of structural change and technological innovation of competition authorities in Korea, China, and Japan.
The Conference will offer attendees 16 CLE PROGRAMS in 6 different tracks:
• The Emergence and Growth of Fintech in Asia
• Compliance 3.0: Tying Technology to Advance Compliance to the Next Level
• How Technology and Innovation Could Solve the Global Refugee Crisis: Using Profitable
Smartphone Apps, Cryptocurrency and Blockchain Technology, and Person-to-Person Services
• How U.S. Tax Changes Will Affect U.S.-Asian Transfers of Investment and Technology
• AI, BigData, IoT, GDPR and data privacy laws in Asia around new technology
• When Money Is Not Enough: Ensuring Equitable Relief Is an Option in Arbitrating Technology
• Corporate Cyber Fraud: Global Strategies to Enhance Recovery Efforts in The Event of Asset Theft
• U.S. Export Controls Affecting Asian Technology Production
• The Continuing Evolution of the U.S.• Republic or Korea Free Trade Agreement and the Impact on
Regional and Trans-Pacific Investment and Technology transfer
• Trends and Challenges for Outbound Investments from India and China
• Recent Trends and Developments in Technology M&A in Asia
• The Role of Innovation and Technology in Competition Law and Enforcement in East Asia
• Understanding CFIUS Review Process and “National Security” Concerns: what every cross-border
M&A lawyer must know about the CFIUS review process and potential risks when representing
non-US buyers of U.S. businesses and assets
• Recent Developments on the FRAND Debate: A Comparative Analysis of US, EU and Asia
• Global Sports Corruption: A Challenging Frontier in International Business and International Law
ICR Center's 4th Paper Contest for Graduate/Undergraduate Students
The ICR Center is holding it's 4th nationwide paper contest for graduate/undergraduqte students in order to stimulate students' creative research capabilities, and to help them actively seek out ways in which law contributes to development of societies and economies.
The subject of the paper may be of the participant's choosing but must be related to the core values under which the ICR Center is established. This means the topic must be affiliated with the legal system and have a theoretical undertone. More specifically, the topics should be based on research related to competition law, policies, broadcasting and telecommunications law, and intellectual property law. Participants should submit the paper based on a chosen topic by August 29th, 2016.
10 June 2015
[Seminar]Unfair Transactions Seminar Series:Current Status and Issues of Unfair Transactions in North East Asia- with a focus on Abuse of Superior Bargaining Position
In April, we held a seminar titled “The Current Status and Issues of Abuse of Superior Bargaining Position in Korea and Japan”. Along the same line, in June, we will hold the second installment of this series focusing on the 3 Northeast Asian countries which have incorporated and actively enforced Unfair Transactions in their legal systems: Korea, Japan and Taiwan. We will also explore the experiences and case of China, currently in global spotlight due to announcement of legislation introducing the concept of abuse of superior bargaining position into the field of intellectual property rights. With such comparative overview of the legal schemes in these 4 Northeast Asian countries, we hope to delineate the fairness doctrine in competition law (which has gained worldwide attention) and seek an approach to improve the Unfair Transactions legal scheme in Korea.