Merger Regulation in Korea

Seonghoon Jeon ()
Additional contact information
Seonghoon Jeon: Sogang University

Chapter Chapter 5 in Antitrust Policy in Korea, 2025, pp 197-254 from Springer

Abstract: Abstract This chapter delineates the foundational characteristics of the Korea Fair Trade Commission’s merger enforcement approach. It proceeds to systematically examine the conceptual foundations and analytical methodologies employed in evaluating the competitive effects of mergers. Traditional tools such as market share analysis and concentration indices are discussed alongside modern empirical techniques, including natural experiments, merger simulations, and Upward Pricing Pressure (UPP) metrics, particularly in the context of horizontal mergers. For non-horizontal mergers, the chapter explores advanced methodologies such as vertical arithmetic, bargaining models, the vertical Gross Upward Pricing Pressure Index (vGUPPI), Cournot competition effects, and the implications of eliminating double marginalization. These diverse analytical instruments provide a robust foundation for assessing the nuanced competitive dynamics across merger types, thereby supporting a rigorous and sophisticated regulatory review process. The chapter concludes with introducing significant merger regulation cases in Korea, including Hyundai Motor—Kia Car in 1999, Moohak Soju—Daesun Soju in 2003, Hite Beer—Jinro Soju in 2006, Eland Outlets—Carrefour in 2006, eBay—G Market in 2009, Microsoft—Nokia in 2015, SK Telecomm—CJ HelloVision in 2016, Delivery Hero—Woowa Brothers in 2021, and Korean Air—Asiana Airlines in 2022.

Date: 2025
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-95-0632-3_5

Ordering information: This item can be ordered from
http://www.springer.com/9789819506323

DOI: 10.1007/978-981-95-0632-3_5

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().