The role of information exchange in Korean cartel enforcement

07 March 2016

On 24 December 2015, Korea’s Supreme Court issued a landmark cartel ruling which overturned a finding of a price-fixing agreement in the ramen noodle industry, despite findings of price-related information exchange and parallel pricing and the active cooperation of a leniency applicant. Kim & Chang partner Youngjin Jung and attorneys You Jin Kim and Gene Kim analyse the judgment, and recent developments in how Korea’s top court has treated information exchanges.