Enforcement of competition law in the South Korean pharmaceutical industry | Practical Law

Enforcement of competition law in the South Korean pharmaceutical industry | Practical Law

This article analyses the recent developments in enforcement of competition law in the South Korean pharmaceutical industry. It reviews the enforcement issues involving unreasonable inducement of customers (rebates), collaborative acts (cartels), resale price maintenance, unfair trade practices in the supply of pharmaceutical products and abuse of patent rights.

Enforcement of competition law in the South Korean pharmaceutical industry

Practical Law UK Articles 1-525-5401 (Approx. 11 pages)

Enforcement of competition law in the South Korean pharmaceutical industry

by Chul Ho Kim and Jiyul Yoo, Yoon & Yang LLC
Law stated as at 01 May 2013South Korea
This article analyses the recent developments in enforcement of competition law in the South Korean pharmaceutical industry. It reviews the enforcement issues involving unreasonable inducement of customers (rebates), collaborative acts (cartels), resale price maintenance, unfair trade practices in the supply of pharmaceutical products and abuse of patent rights.
This article is part of the PLC multi-jurisdictional guide to life sciences. For a full list of jurisdictional Q&As visit www.practicallaw.com/lifesciences-mjg.