American companies operating in South Korea say the country’s antitrust regulator has turned enforcement into a political tool that unfairly targets them while protecting domestic competitors, according to a report released Wednesday by the National Bureau of Asian Research (NBR).
The 50-page study, “Understanding the Impact of KFTC Enforcement on U.S. Firms,” concludes that the Korea Fair Trade Commission (KFTC) has carried out enforcement that “conveys a pattern that firms widely perceive as protectionist” and diverges from global best practices. The report, written by Nigel Cory, a nonresident fellow at NBR, draws on confidential…
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