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Global Competition Law

Auteur : Louis Vogel

Sommaire de l’ouvrage
  • Introduction

  • Part 2: Third States

    • Title 20: SOUTH KOREA

      • Chapter 2: MERGERS

        • Section 1: Substantive rules

        • Section 2: Enforcement

          • I: Enforcement authority

          • II: Enforcement proceedings

          • III: Conditions/Sanctions

          • IV: Appeals

1298. Fines

1 minute de lecture

The MRFTA imposes an administrative fine of up to KRW 100 million (EUR 72.121) if the company fails to make a timely and correct notification. Gun-jumping incurs the same sanction. The KFTC can impose an administrative fine of up to 0.03% of the transaction value for each day the parties do not comply with its decisions, including remedial undertakings. Non-compliance with corrective measures may …

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