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Supreme Court Rulings on Determining the Cartel End Date

Journal of Korean Law
약어 : JKL
2015 vol.15, no.1, pp.57 - 72
DOI : 10.23110/jkl.2015.15.1.004
발행기관 : 서울대학교 아시아태평양법연구소
연구분야 : 법학
Copyright © 서울대학교 아시아태평양법연구소
인용한 논문 수 :   -  
6 회 열람

Since the very nature of cartels is to operate in ways that are undisclosed and difficult to track, it is often a matter of heated dispute in courts as to when a cartel has ended or been abandoned. Moreover, the cartel duration is a critical issue because it affects not only the level of sanctions imposed, but also the damages amount sought against the cartelists. The Korean Supreme Court has issued several important rulings regarding this matter, but there still remain areas where further guidance and clarification would be beneficial. Thus, this article explores the relevant Korean Supreme Court rulings and concludes that it is time for the highest court to further articulate the legal test for determining the ending date of a cartel in an effort to eliminate legal uncertainty and establish clearer guidance for market participants.

Cartel, Conspiracy, Statute of limitations, MRFTA, Abandonment of cartel, Withdrawal from cartel, End of cartel, End date of the cartel, Cartel duration, Antitrust, Competition

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