Yulchon Welcomes Fair Trade Veteran Hyungbae Kim, Former Standing Commissioner of the KFTC

Served in Key Roles Such as Cartel and Market Surveillance

Strengthening Response to Platform and Merger Regulations

Yulchon LLC announced on September 3 that it has appointed Hyungbae Kim, former Standing Commissioner of the Korea Fair Trade Commission and former President of the Korea Fair Trade Mediation Agency, as a legal advisor.

Hyungbae Kim, Advisor at Yulchon LLC. Provided by Yulchon

Advisor Kim passed the 34th Administrative Examination and entered public service, building more than 30 years of experience as a policy expert in establishing and implementing fair trade regulations. He has held several key positions at the Korea Fair Trade Commission, including Director General for Market Surveillance, Director General for Cartel Investigation, and Director for Policy on Market Structure Improvement, before serving as a Standing Commissioner.

During his tenure at the Korea Fair Trade Commission, he was involved in the investigation and deliberation of major cases such as abuse of market dominance by domestic and foreign conglomerates, cartel cases at both national and international levels, unfair support and private interest appropriation, merger reviews, platform industry issues, technology misappropriation under the Subcontracting Act, and large-scale distribution sector cases. Subsequently, as the fifth President of the Korea Fair Trade Mediation Agency, he contributed to redressing damages suffered by SMEs and small business owners, promoting a culture of voluntary compliance in fair trade, and advancing the dispute mediation system.

He also possesses expertise in the field of international competition law. Advisor Kim has accumulated significant knowledge regarding global trends in competition law enforcement through roles such as Competition and Consumer Policy Advisor at the United Nations Conference on Trade and Development (UNCTAD), Minister-Counselor at the Embassy of the Republic of Korea in the United States, and Vice Chair of the OECD Competition Committee. He is the author of the widely recognized reference book "Theory and Practice of Fair Trade Law" and is regarded as an authority in the field of Fair Trade Compliance Programs (CP).

With Advisor Kim joining the firm, Yulchon LLC aims to further strengthen its advisory capabilities within the fair trade group and to provide more sophisticated solutions for the complex fair trade risks and regulatory issues faced by corporate clients.

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