The Korea Fair Trade Commission’s Conditional Approval of the Korean Air-Asiana Merger
Vol 43 Issue 8, European Competition Law Review (2022)
The Chinese University of Hong Kong Faculty of Law Research Paper No. 2022-32
15 Pages Posted: 10 Aug 2022 Last revised: 14 Aug 2022
Date Written: August 10, 2022
On 22 February 2022, the Korea Fair Trade Commission (KFTC) announced that it decided to conditionally approve a merger deal by Korean Air Lines (‘Korean Air’) to buy Asiana Airlines (‘Asiana’). This article analyses the KFTC’s decision on the Korean Air-Asiana merger and presents the implications of the decision. After discussing the regulatory barriers and the impact of Covid-19 on the airline industry, we introduce the summary of the KFTC’s decision including its requested remedies with a brief analysis.
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