DEPARTMENT PROFILE

Yulchon LLC

Competition/Antitrust

4 ranked lawyersBand 1South KoreaAsia-Pacific 2021 View ranking table
chambers review
department information
ranked lawyers
chambers review
department information
ranked lawyers

Chambers Review

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

What the team is known for

Renowned antitrust group which remains a top contender in domestic and cross-border matters. Provides skilful advice on a full spectrum of antitrust law, including abuse of market dominance and cartel matters. Also handles global merger reviews and represents the Korean antitrust authorities in overseas matters. As well as local attorneys, the team is home to foreign legal consultants and former government officials. Well equipped to handle cases in the financial, automotive, technology and pharmaceutical sectors.

Strengths

A client describes their experience working with the team as "excellent on all fronts," explaining: "The team have been very responsive, very commercially minded and very user-friendly. They have been very helpful, including offering practical advice rather than simply relaying the law."

Another source is impressed with the team's work on merger filings and says: "They handled the matter very smoothly and seamlessly - there were some complicated legal issues but they dealt with them and we got clearance."

Work highlights

Successfully defended Schaeffler Korea in a Korean Supreme Court case brought in relation to sanctions imposed by the KFTC for an alleged industrial bearing price-fixing conspiracy.

Notable practitioners

Interviewees offer praise for Cecil Chung 's relationship-building skills and consider him to be a "very knowledgeable and commercial" partner. He draws upon his past experience working as a staff litigation attorney at the US Federal Trade Agency and at two international firms to advise domestic and US companies on merger filings, cartels and bid-rigging investigations.

A market source singles out Sai Ree Yun for his "undisputed relevance in the market." He is a founding partner of the firm and has over three decades of experience in competition law, having handled some of the most significant cases in the field.

Seuk Joon Lee advises on a range of antitrust work, including abuse of market dominance and cartel investigations, and draws upon his past experience working in leadership roles at the KFTC. He acts on behalf of clients from a wide range of sectors, including energy, transport, life sciences and financial services.

Sung Bom Park rises in the rankings after winning endorsements for his skill in handling cross-border cases and his "comprehensive experience in dealing with the KFTC." He advises a diverse clientele of domestic and international companies on the antitrust aspects of high-profile M&A transactions, in addition to abuse of dominance and cartel cases.

Department Information

This content is provided by Yulchon LLC.

Overview

Our antitrust practice has been recognized worldwide for its expertise in representing clients in various high-profile cases. Our highly qualified professionals are pioneers in the field of antitrust, and have substantial experience and accumulated knowledge of the relevant antitrust regulations and practices through their extended experience in handling various cases, study abroad, training at specialized institutions and/or work experience at the Korea Fair Trade Commission (KFTC). In addition, we have successfully represented international and domestic clients in landmark antitrust cases in Korea, including the ground-breaking abuse of market dominance cases against Microsoft, Intel and Qualcomm. Since 2002, our antitrust team has consistently been ranked by Global Competition Review (GCR) as one of the world’s top 100 antitrust law firms, and highly trained professionals and in-depth experience in dealing with an wide array of cases enabled Yulchon to be named as the best law firm in the field of antitrust in 2012.

Members

Chung, Cecil

Han, Seung Hyuck

Jung, Sung Moo

Kim, Kyoung Yeon

Kim, Kyu Hyun

Lee, Seuk Joon

Park, Hae Sik

Park, Sung Bom

Clients

Continental AG

Delta Air Lines

Glencore

GS Caltex

GSK (GlaxoSmithKline)

Hyundai Motor Company

ITOCHU

Korea Telecom

Moody’s

Praxair

Qualcomm

Schaeffler AG

SK Hynix

Spectris plc

Universal Music

Industries

Aerospace & Defence

Automobiles & Parts

Banks

Chemicals

Commercial & Professional Services

Construction & Materials

Consumer Product Manufacturing

Education

Energy

Financial Services

Food & Drink ProducersForestry & Paper

Government

Health Care

Industrial Engineering

Insurance

Media

Mining & Metals

Pharmaceuticals & Life Sciences

Retail

Software & Computer Services

Technology, Hardware & Electronics

Telecommunications

Transportation

Travel & Leisure

Utilities

Competition/Antitrust Department

Yulchon LLC

firm
Department location

Parnas Tower 38F

521 Teheran-ro

Gangnam-gu

Seoul

Seoul

South Korea

06164

View Firm Profile

Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

South Korea

Competition/Antitrust


Cecil Chung
Band 2
Sai Ree Yun
Senior Statespeople
Seuk Joon Lee
Band 3
Sung Bom Park
Band 1