The KFTC succeeded in investigating and sanctioning what it identified
as an international cartel, without clear statutory grounds nor any legal
precedent regarding the extraterritorial application of Korean competition
law.
Some respondents appealed the KFTC to court alleging lack of statutory
grounds nor any legal precedent regarding the extraterritorial application of
Korean competition law, however, the KFTC’s decision regarding the
extraterritorial application was supported at court in both substantive and
procedural aspects.