Republic of Korea: Merger Thresholds in Amendment to Monopoly Regulation and Fair Trade Act
Progress
Current status
in force
30 Dec 2022 in force
29 Dec 2020 adopted
Scope
Implementers
Republic of Korea
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
cross-cutting
Government Branch
legislature
Government Body
parliament
Implementation Level
national
Timeline of events
Implemented Amendment to Monopoly Regulation and Fair Trade Act including new merger thresholds
On 30 December 2022, the amended Monopoly Regulation and Fair Trade Act including adjusted thresholds for merger control came into force. Under the amended legislation, a merger filing can be triggered if the transaction value is equal to or greater…
Event type
law
Action type
implementation
Government branch
legislature
Government body
parliament
Adopted Amendment to Monopoly Regulation and Fair Trade Act including new merger thresholds
On 29 December 2020, the amended Monopoly Regulation and Fair Trade Act including adjusted thresholds for merger control was adopted. Under the amended legislation, a merger filing can be triggered if the transaction value is equal to or greater tha…
Event type
law
Action type
adoption
Government branch
legislature
Government body
parliament