For a relatively young agency with only a quarter-century history, the Korea Fair Trade Commission (KFTC) has achieved some remarkable success in cartel enforcement and competition advocacy. However, its track record in enforcing merger control leaves much to be desired and its recent ambitious...

China is stepping up efforts to design its first antimonopoly law, one of the most important legislative acts for China in decades. The framework and basic elements of the new law are known through a careful examination of the latest draft. Due to the unique challenges and competing priorities...