A very belated roundup of my media appearances from late last year. Here is my comment on Qualcomm's big antitrust loss against KFTC in Korean court:
Qualcomm Loses Fine Appeal to Korean Court [Global Competition Review]Nathan Park, of counsel at Kobre & Kim, said considering that the Supreme Court vacated the 2009 KFTC fine – even though it upheld most of Qualcomm’s legal liability – the Seoul High Court’s ruling today affirming the KFTC’s 2016 fine likely will not be the end of this story.
Park highlighted two key takeaways to the High Court’s decision: that the KFTC is solidifying its reputation as one of the world’s most active regulators of anticompetitive behaviours; and that competition enforcement has become increasingly globalised. “Given how well-connected the Korean economy is to the world, especially in areas of high tech industry, multinational corporations have to be cognisant of the regulatory risk posed by KFTC,” he said.
Park also noted that the High Court’s ruling, that KFTC’s corrective action to Qualcomm’s practice involving licensing agreements was unlawful, contrasts what the US federal court previously ruled on the same practice.
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