IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-95-0632-3_3.html
   My bibliography  Save this book chapter

SMEs Antitrust Policy in Korea

In: Antitrust Policy in Korea

Author

Listed:
  • Seonghoon Jeon

    (Sogang University)

Abstract

This chapter explores the growing polarization within the Korean business landscape, emphasizing the significant disparities between large corporations and small and medium-sized enterprises (SMEs). It then examines the distinctive features of Korea’s SME-oriented antitrust policy, which diverges in important ways from conventional models in other jurisdictions. A central focus is the Monopoly Regulation and Fair Trade Act (MRFTA), which defines and regulates unfair business practices. The chapter also analyzes four specialized statutes designed to address unfair practices in subcontracting, large-scale retail, franchising, and agency relationships between dominant firms and SMEs. Key economic issues are discussed, including the dual impacts of vertical restraints, the justification for regulating abuses of superior bargaining positions, the economic rationale behind the specialized laws, and concerns related to holdup and reverse holdup. The chapter concludes with an overview of landmark cases involving unfair trade practices in Korea, including those related to Hyundai Oil Bank, TaylorMade/Callaway Golf Korea, Oil Refinery Companies, Naver/Daum, Delivery Hero Korea, and Naver-Video Contents.

Suggested Citation

  • Seonghoon Jeon, 2025. "SMEs Antitrust Policy in Korea," Springer Books, in: Antitrust Policy in Korea, chapter 0, pages 67-119, Springer.
    • Handle: RePEc:spr:sprchp:978-981-95-0632-3_3
    DOI: 10.1007/978-981-95-0632-3_3
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-95-0632-3_3. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.