The Study On The Antitrust Law Of South Korea Perspective On The Amendments

It has been over thirty years since the antitrust law of South Korea came into effect, during which this law has been greatly amended for thirteen times. This thesis is based on analysis of amendments of the antitrust law of South Korea, and comes up with suggestion as to how antitrust law of China could be further improved from aspects of the Substantive Control System and the Executive Departments.This thesis consists of three parts, which are introduction, text and conclusion. The part of text is divided into three chapters. Firstly, it describes the experiences of legislation and amendments of the antitrust law of South Korea and makes a brief summary of the four draft texts of this law. Secondly, it discusses the main contents and their developments of South Korea's antitrust law, including the Prohibition of the abuse of market ascendancy, the Restriction for the business combination, the Limitation for the concentration of economic power, the Forgiveness system and the Executive Departments. Finally, the author brings forward his view that the antitrust law of China could be amended by the improvements of the Substantive Control System and the Executive Departments. The main measures includes establishing a complete liability system for the Prohibition of the abuse of market ascendancy, defining the reporting scopes, the examination standards and legal responsibility for the business combination, introducing the system of Limitation for the concentration of economic power which adapts to the situation of China, clarifying the details of treatments, conditions, procedures for the Forgiveness System, and founding a united Executive department that has the unique authority to implement the antitrust law.