[Invest&Law] Former Fair Trade Commission Investigator Yook Sung-kwon Joins Law Firm Jium as Senior Advisor

Published 08 Jan.2025 16:15(KST)

Yook Sung-kwon, former Investigation Manager at the Korea Fair Trade Commission. Yonhap News Agency

Yuk Seong-kwon, former Investigation Manager of the Korea Fair Trade Commission (58 years old, Grade 1), has joined the law firm Jium (Representative Lawyer Kim Seol-i).

According to the legal community on the 8th, Yuk began working as a standing advisor at Jium starting from the 31st of last month.

Yuk graduated from Seoul National University with a degree in law, earned a Master of Laws from the University of Wisconsin in the United States, and completed a Master’s program in Public Policy at the KDI School of Public Policy and Management. He served in public office for about 27 years.

He passed the 39th Administrative Examination in 1996 and held key positions including Secretary General, Director of Market Surveillance Bureau, Director of Corporate Group Bureau, and Director of Corporate Transaction Policy Bureau.

While serving as Director of the Corporate Transaction Policy Bureau, Yuk addressed Daewoo Shipbuilding & Marine Engineering’s unfair subcontract payment determination practices. As Director of the Market Surveillance Bureau, he sanctioned false and deceptive advertising regarding 5G speeds by the three major mobile carriers. As Director of the Corporate Group Bureau, he handled cases such as the Samsung Welstory unfair support incident and SK Inc.’s provision of business opportunities for Siltron stock acquisition to related parties.

The Investigation Manager at the Fair Trade Commission is a key position overseeing the commission’s investigative work. Yuk’s joining is analyzed as a strategic recruitment by law firm Jium to strengthen its expertise in competition law advisory and litigation capabilities in major Fair Trade Commission cases. Jium is known as a law firm specialized in representing clients in Fair Trade Commission litigation.