Yoon & Yang has bolstered its Antitrust & Competition practice by welcoming former KFTC deputy director Chiyeol Kim as a partner. During his tenure at the KFTC for eight years, he held key roles in several divisions, including in Consumer Policy, Disclosure Compliance, Holding Company and Corporate Group Policy. He led investigations into unfair intra-group transactions, managed large scale intra-group transaction disclosure regulations, and contributed to policy reforms for holding companies. Notably, Kim successfully pursued a high-profile case involving unfair support transactions within the Kyungdong Group, which resulted in a W4 billion (US$2.8m) fine. Additionally, he was instrumental in amending the Fair Trade Act to facilitate corporate venture capital initiatives and strengthen the holding company framework. Most recently, he served in the KFTC’s newly established Special Investigation Team, handling e-commerce regulatory matters involving gaming companies. In recognition of his outstanding public service at the KFTC, Kim received two ministerial commendations. In 2022, he was honored for excellence in managing public petitions, and in 2023, he was awarded for his contributions to regulatory reform in the areas of holding company oversight and corporate venture capital promotion.
