@article{ART002052254},
author={Song, Tae-Weon},
title={A study on the justification of equity investment regulations as deconcentration of Economic Power},
journal={DONG-A LAW REVIEW},
issn={1225-3405},
year={2015},
number={69},
pages={231-264}
TY - JOUR
AU - Song, Tae-Weon
TI - A study on the justification of equity investment regulations as deconcentration of Economic Power
JO - DONG-A LAW REVIEW
PY - 2015
VL - null
IS - 69
PB - The Institute for Legal Studies Dong-A University
SP - 231
EP - 264
SN - 1225-3405
AB - The Korean Constitution stipulates the Economic Democracy. It is to consider the equity element for the working principle of checks and balance between the economic players.
Monopoly Regulation and Fair Trade Act prescribes equity investment regulation as a method of the deconcentration of economic power To enforce properly the deconcentration of economic power Korea Fair Trade Commission need to reflect on the economic impact, especially focused on competition restriction. In other word KFTC should inspect the impact of general concentration to market competition. But as it has been enforced on the aspect of the justification so-called economic democratization, it has been operating as a pre-ban regulations. It had to put a lot of reasons for exceptions so that the reasonableness of pre-ban regulation can be ensured. Eventually stopping the expansion of large-scale enterprise group with the investment regulations had to be limited. The other word in the enforcement of deconcentration of Economic Power there is no choice but to consider industrial policy considerations. Actually, the abolition of Total Equity Investment Ceiling Rule in 2009 and the prohibition of only new circular equity investment do not mean the accomplishment of Concentration of economic power control purpose, but only deregulation. The deconcentration of economic power by equity investment regulation has its limit. So there needs to be complemented by other post regulatory measures
KW - monopoly regulation and fair trade act;deconcentration of Economic Power;conglomerate regulations;equity investment regulation;large business group;circular equity investment regulation
DO -
UR -
ER -
Song, Tae-Weon. (2015). A study on the justification of equity investment regulations as deconcentration of Economic Power. DONG-A LAW REVIEW, 69, 231-264.
Song, Tae-Weon. 2015, "A study on the justification of equity investment regulations as deconcentration of Economic Power", DONG-A LAW REVIEW, no.69, pp.231-264.
Song, Tae-Weon "A study on the justification of equity investment regulations as deconcentration of Economic Power" DONG-A LAW REVIEW 69 pp.231-264 (2015) : 231.
Song, Tae-Weon. A study on the justification of equity investment regulations as deconcentration of Economic Power. 2015; 69 : 231-264.
Song, Tae-Weon. "A study on the justification of equity investment regulations as deconcentration of Economic Power" DONG-A LAW REVIEW no.69(2015) : 231-264.
Song, Tae-Weon. A study on the justification of equity investment regulations as deconcentration of Economic Power. DONG-A LAW REVIEW, 69, 231-264.
Song, Tae-Weon. A study on the justification of equity investment regulations as deconcentration of Economic Power. DONG-A LAW REVIEW. 2015; 69 231-264.
Song, Tae-Weon. A study on the justification of equity investment regulations as deconcentration of Economic Power. 2015; 69 : 231-264.
Song, Tae-Weon. "A study on the justification of equity investment regulations as deconcentration of Economic Power" DONG-A LAW REVIEW no.69(2015) : 231-264.
