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- Title
- Journal of Regulation Studies 2003 Vol.12 No.22. Regulation on Collaboration among Competitors
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- Author
- Cha Seong-Min
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- Subject
- Corporate/Industrial Policy, Deregulation
- Publish Date
- 2003.12.30
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- File
- -
- View Count
- 4856
Like U.S.A. and EU competition agencies, Korean Fair Trade Commission(KFTC) made「Guidelines for Collaborative Acts」 including analytical framework for collaborative acts. According to the Guidelines, KFTC can analyse anti-competitive effects and pro-competitive benefits. Moreover the Guidelines help to analyse if a certain cooperation among competitors is illegal or not. Because horizontal cooperation can lead to substantial economic benefits.
Therefore it may not regard cooperation among competitors as hardcore cartel in applying to the Guidelines. In anti-trust analysis, Market share and market concentration may also not be considered excessively. on the other hand, KFTC has to endeavor after applying for the Guidelines step by step under the anti-trust process.
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