Partner
Byong Ki CHUNG
Mergers & Acquisitions
Recently reviewed Professionals
Byong Ki Chung is a partner at Lee & Ko. His main areas of practice include antitrust and competition law, general corporate transactions, and mergers & acquisitions, and litigation. With his expertise in both transaction & litigation, Mr. Chung provides legal service and tactical advice during entire antitrust case procedure (KFTC's investigation, administrative litigation, civil litigation and criminal defense).
Especially, Mr. Chung is reputed as one of the leading experts in in antitrust damages litigations with extensive experience. During his career at Lee & Ko, Mr. Chung has been involved in most major antitrust damages cases in Korea. After discussing various economic analyses including regression analyses with economists, Mr. Chung provided the best solutions for his clients, successfully explained economic analysis results into proper legal term.
Antitrust damages litigations had been under-developed and were filed recently with few precedents in Korea, but is expected to change revolutionarily due to adoption of the punitive damages system and class-action system. Based on his experience and expertise, he is expected to lead the practice in Korea.
Especially, Mr. Chung is reputed as one of the leading experts in in antitrust damages litigations with extensive experience. During his career at Lee & Ko, Mr. Chung has been involved in most major antitrust damages cases in Korea. After discussing various economic analyses including regression analyses with economists, Mr. Chung provided the best solutions for his clients, successfully explained economic analysis results into proper legal term.
Antitrust damages litigations had been under-developed and were filed recently with few precedents in Korea, but is expected to change revolutionarily due to adoption of the punitive damages system and class-action system. Based on his experience and expertise, he is expected to lead the practice in Korea.
Representative Cases
- [Antitrust Damages Litigation]
- Representing a major steel maker in antitrust damages litigation (re: Korea Gas Corporation steel bid rigging case, Dispute amount is approximately $100M) (Ongoing)
- Representing a construction company in antitrust damages litigation (re: The four-river refurbishment projects bid-rigging case, recognized as the largest construction project in Korea, Dispute amount
- Representing a construction company in antitrust damages litigation (re: LNG storage tanks bid-rigging case, Dispute amount is approximately $300M) (Ongoing)
- Representing a construction company in antitrust damages litigation (re: Natural gas pipeline bid-rigging case, Dispute amount is approximately $200M) (Ongoing)
- Representing a construction company in antitrust damages litigation (re: Gyeongin Canal construction bid-rigging case, Dispute amount is approximately $100M) (Ongoing)
- Representing a construction company in antitrust damages litigation (re: Honam High Speed Railway Construction process bid-rigging case, Dispute amount is approximately $100M) (Ongoing)
- Representing a construction company in antitrust damages litigation (re: Incheon subway line two construction bid rigging case, Dispute amount is approximately $100M) (Ongoing)
- Representing a construction company in antitrust damages litigation (re: Gwangju Phosphorous treatment plants bid-rigging case, Dispute amount is approximately $10M) (Ongoing)
- Representing a construction company in antitrust damages litigation (re: Pohang Yeongil Bay Seawall Construction bid rigging case, Dispute amount is approximately $10M) (Ongoing)
- Representing a construction company in antitrust damages litigation (re: Construction of facilities of U.S. Army camp in Pyeongtaek bid rigging case, Dispute amount is approximately $10M) (Ongoing)
- Representing a construction company in antitrust damages litigation (re: expressway construction bid rigging case, Dispute amount is approximately $10M) (Ongoing)
- Representing a telecommunication company in antitrust damages litigation (re: Government Network Service bid rigging case, Dispute amount is approximately $30M) (Ongoing)
- Representing a telecommunication company in antitrust damages litigation (re: mobile message service bid rigging case, Dispute amount is approximately $10M) (Ongoing)
- Representing a logistic company in antitrust damages litigation (re: Posco steel product carriage bid rigging case, Dispute amount is approximately $100M) (Ongoing)
- Representing a storage vendor in antitrust damages litigation (re: Korea's major bank's storage bid rigging case, Dispute amount is approximately $5M) (Ongoing)
- Representing a logistic company in antitrust damages litigation (re: Korea Hydro & Nuclear Power carriage bid rigging case, Dispute amount is approximately $1M) (Ongoing)
- Representing a logistic company in antitrust damages litigation (re: KEPCO carriage bid rigging case, Dispute amount is approximately $1M) (Ongoing)
- Represented an pharmaceutical company in antitrust damages litigation relating to 'reverse payment settlement' (First case in Korea) (2020)
- Represented an ATM manufacturer in antitrust damages litigation brought by major Korean banks (2020)
- Represented a health franchise in antitrust damages litigation brought by branches, franchisees (2020)
- Represented electric wire manufacturers in antitrust damages litigation (re: Korea Electric Power Corporation wire bid rigging case) (2018)
- Represented an international environmental business company in antitrust damages litigation (re: Ozone wastewater treatment facilities construction bid rigging case) (2018)
- Represented an international automaker in antitrust damages litigation (re: heavy trucks cartel case) (2017)
- Represented a construction company in antitrust damages litigation (re: Seoul subway line seven construction bid rigging case) (2017)
- [Administrative Litigation]
- Represented a major software company in antitrust cases involving leniency program (2020)
- Represented a health franchise in antitrust cases involving abuse of market power (2020)
- Represented a Japanese maker in International cartel case involving major car components (2020)
- Represented a Korean chemical company in antitrust cases involving technology misappropriation (2017)
- Represented a major smartphone company in the abuse of market dominance case involving Qualcomm (2017)
- Represented the Korean Medical Association in the prohibited activities of enterprisers organization case (2016)
- [KTFC's Investigation & Criminal Defense]
- Represented many companies in KFTC's investigation, criminal defense relating to construction bid-rigging cases(re: Honam High Speed Railway Construction process, Four-River Construction process etc),
- [Merger & Acquisition, Compliance]
- Advised and led various corporate transactions, including domestic and cross-border M&As, spin-offs, joint ventures and private equity funds
- Performed regulatory compliance due diligence pertaining to fair trade
Education
| 2018 | U.C. Berkeley School of Law - LL.M. |
|---|---|
| 2012 | Seoul National University Graduate School of Law |
| 2009 | Judicial Research & Training Institute of the Supreme Court of Korea |
| 2006 | College of Law, Seoul National University - LL.B. |
Work Experience
| 2012-Present | Lee & Ko |
|---|---|
| 2021-Present | International Bar Association (IBA), Antitrust Litigation Working Group Member |
| 2009-2012 | Republic of Korea Army: Judge Advocate Officer |
Languages
| Korean and English |
Awards and Recognitions
| 2019-2022 | Benchmark Litigation Asia-Pacific - Future Star (Competition / antitrust) |
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Publications / Presentations / ETC
- Criteria for determining whether collective acts in the medical services market can be considered as Prohibited Acts of Trade Associations (Competition Journal, May.2022; co-authored with Byeong Gyu Kim, Dong Pyo Hong)
- Private antitrust litigation in South Korea: overview, Practical Law Global Guide 2019 Competition: Thomson Reuters Law (2019, co-authored with Pyoung Keun Song, Joon Pil Ha)'Competition Law and Econo
- Competition Law and Economic Analysis of Passing-on Defense (Competition Journal, Nov.2017; co-authored with Dong Pyo Hong)
Related news
Seminar/Event
Lee & Ko Host Seminar “Analysis of Key Competition Law Precedent” 2023.10.17Seminar/Event
Lee & Ko Seminar on the 'Analysis of Key Competition Law Court Precedent from the Second Half of 2021 and the First Half of 2022' 2022.11.15Seminar/Event
'The Lee & Ko Antitrust and Competition Group Webinar Series' 2021.06.10