Ik Soo PARK - Kim & Chang

Bio

Ik Soo Park is a senior attorney at Kim & Chang with over 28 years of both private and public sector experience. He co-leads the firm’s China Practice, and is a key member of the Antitrust & Competition and the Administrative & Public Law Litigation Practices.

Prior to joining the firm, Mr. Park served as a judge in various district courts around Korea, including the Seoul Civil District Court, Seoul District Court (Western Branch), Chuncheon District Court (Sokcho Branch), and Seoul District Court (Uijeongbu Branch).

Mr. Park is also known for his significant experience with antitrust & competition matters. In addition to his private sector representations, he has served in managerial roles at the Korea Fair Trade Commission, South Korea's regulatory authority for economic competition, and has held various advisory and teaching positions on Competition/Fair Trade Laws.

Mr. Park received his LL.B. from Seoul National University in 1985, and graduated from the Judicial Research and Training Institute of the Supreme Court of Korea in 1990. In 1999, Mr. Park was a visiting scholar at Northwestern Pritzker School of Law. In 2006, he received his LL.M. from the Graduate School of Law at Yonsei University, and completed Ph.D. coursework in Seoul National University Law School.

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Profile

Experience

Member, Regulatory Reform Committee (2022.10.-Present)

Legal Advisor, Financial Services Commission (2022.6.-Present)

Committee Member, Alumni Association of Seoul National University College of Law (2020.5.-2024.4.)

Non-Executive Director, Gugak FM Inc. (2020.4.-2023.5.)

Auditor, Korea Craft & Design Foundation (2020.2.-Present)

Commissioner, SNU Tuition Fee Deliberation Committee (2019-2023.10.)

Director, The Patriot Maeheun Yun Bong-Gil Memorial Association (2017.5.-Present)

Auditor, Korea Culture and Tourism Institute (2017.2.-2019.2.)

Commissioner, Korea Sports Promotion Foundation (2017.1.-2020.12.)

Vice Chairman, Korean Competition Law Association (2016.4.-Present)

Legal Advisor, Ministry of Culture, Sports and Tourism (2015.9.-2017.9.)

Commissioner, Central Administrative Appeals Commission (2014.5.-2020.5.)

Secretary General, Korea Competition Forum (2011.3.-2013)

Consultant, SNU (Seoul National University) Center for Competition Law (2011-Present)

Professor of Fair Trade Law, Judicial Research and Training Institute of the Supreme Court of Korea (2008)

Manager, Committee Assistant Officer for Business Relations, Korea Fair Trade Commission (2008.2.-2008.5.)

Manager, Committee Assistant Team 2, Korea Fair Trade Commission (2006.9.-2008.2.)

Kim & Chang (2001.3.-2006.8., 2008-Present)

Judge, Uijeongbu Branch of Seoul District Court (2000-2001)

Judge, Sokcho Branch of Chuncheon District Court (1997-2000)

Judge, Western Branch of Seoul District Court (1995-1997)

Judge, Seoul Civil District Court (1993-1995)

Judge Advocate, Republic of Korea Army (1990-1993)

Representative Mattersshow

Fair Trade

Represented a Korean wire company in connection with a bidding collusion.
Represented a Korean semiconductor company in connection with unfair trade practices.
Represented a Korean mobile carrier in connection with unfair trade practices.
Advised a Korean electronics company on subcontracting.
Advised a Korean bank on CD interest rate collusion.
Represented a Korean big box retailer in connection with the violation of the Act on Fair Labeling and Advertising.
Advised on an investigation into a global accommodation sharing service provider in connection with its unfair terms and conditions.
Advised a Korean shipping company on its request for delaying the exclusion of its subsidiary company.
Advised a global health product company on its payment of support allowances.
Represented a Korean construction company in connection with collective action.
Represented a Korean soju company in connection with collective action.
Advised a Korean shipbuilding company on a subcontracting transaction.
Represented a Korean mobile carrier in connection with the abuse of its market dominant position.
Advised a Korean electronics company on the report of unfair comparative advertising.
Advised a Korean airliner on the violations of regulations on public disclosure of large-scale insider trading.
Advised a global pharmaceutical company on resale price maintenance and transaction based upon restrictive conditions.
Represented a global consumer goods company in connection with the violation of the Act on Fair Labeling and Advertising.
Represented a Korean asphalt and concrete producer in connection with collective action.
Represented a Korean health product provider in connection with the violation of the Act on Fair Labeling and Advertising and the Food Sanitation Act.
Represented a Korean steel maker in connection with collective action.
Advised a Korean soju company on probe into illegally awarding lucrative contracts to its subsidiaries.
Advised a Korean big box retailer on cases in relation to the Act on Fair Transactions in Large Franchise and Retail Business.

Representative Activitiesshow

Awards

Acritas Star - Independently Rated Lawyers (Acritas, 2021)
Acritas Star - Independently Rated Lawyers (Acritas, 2020)
Acritas Star - Independently Rated Lawyers (Acritas, 2019)
Acritas Star - Independently Rated Lawyers (Acritas, 2018)
Leading Lawyers - Antitrust and Competition (Legal Times, 2017)

Publications/Activities

The Relationship between the KFTC's Exclusive Accusation and Principle of Indivisibility of the Criminal Complaint
The Study on Geographic Market Definition in Competition Law