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Overview

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SONG RYU / Partner

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Biography

Song Ryu is a partner at Yoon & Yang LLC, and his main practice areas are antitrust & competition, broadcasting, and information & communications. Ryu has handled various antitrust law cases brought to the Korea Fair Trade Commission (KFTC) and courts, including major cases in connection with domestic and overseas price-fixing, restrictions on large-scale enterprises concerning business combination, and unfair trade practices. Following the KFTC’s cartel-related sanction, Ryu has represented and advised companies on domestic and overseas damages claims filed by purchasers..

Education

2011
Boston University School of Law, LL.M.
2008
Professional Legal Research Course, Fair Trade and Consumer Protection, Seoul National University College of Law
2001
Hanyang University College of Law, LL.B.

Experience

2013-present
Partner, Yoon & Yang LLC (formerly Yoon Yang Kim Shin & Yu, 2006-2009)
2007-13
Associate, Yoon & Yang LLC
2011
Law Clerk, Ropes & Gray LLP, New York
2006
Attorney at Law, Business Legal Affairs, SK Corporation

Publications

  1. Merger Control in South Korea/Restraints of Trade and Dominance in South Korea/Cartel Leniency in South Korea: overview, Practical Law Global Guide 2018 Competition&Cartel : Practical Law (Co-Author, 2018)
  2. South Korea Section, LexisNexis UK's LexisPSL Practice Note on Competition (International Cartel Enforcement & Merger Control) (Co-Author, 2012-2018)
  3. Annual Report on Korea-China IP/Competition Law: Cartel, MRLC (Co-Author, 2014-2016)
  4. Review and Implications of Domestic Cases on Information Exchange among Competitors, Competition and Law Vo. 6 (2016)
  5. Know-How Private Antitrust Litigation – Korea, Global Competition Review (Co-Author, 2014, 2015, 2016)
  6. South Korea: Cartels and its Aftermath, The American Lawyer (2014)
  7. “Korean Antitrust Regulations,” South Korea Chapter, The Guide to Competition and Antitrust - International Financial Law Review (Co-Author, 2010)
  8. Corporate Merger Regulation under the Korean Antitrust Law, Mergers & Acquisitions Review (Co-Author, 2009)

Representative Matters

[M&A and Corporate Merger Approval]
  • Handled merger review of United Technologies Corporation’s acquisition of Rockwell Collins
  • Handled merger review of Tyson Food’s acquisition of Kyeston Food
  • Handled merger review of Hoya Corporation’s acquisition of Performance Options, Viseion Ease, and Daemyung Optical
  • Advised and handled merger review of Oriential Brewery’s acquisition of Hand & Malt (domestic craft beer maker)
  • Handled merger review of United Technologies Corporation’s acquisition of Goodrich Corp.
  • Handled merger review of Cathay Pacific Airways’s acquisition of stake in Air China’s Cargo Division

 
[Cartel and Damages Claim]
  • Represented client in the case involving sale price cartel of seven steel companies (acquitted)
  • Represented client in the case involving general airline insurance cartel of non-life insurers (acquitted)
  • Represented clients in the case involving collusive bidding on annual unit price contract of asphalt concrete that the public procurement agency in Gwangju/Jeonnam placed an order (acquitted)
  • Represnted a Korean subsidiary of a multinational machinery components maker in the case involving collusive bidding on conveyor belt (exempted from penalty surcharge & prosecution)
  • Represented German/Japanese companies in the case involving collusive bidding of domestic and foreign automobile parts makers
  • Represented a Germany company in the case involving price cartel of large cargo vehicles (KFTC’s disposition revoked)
  • Represented Ottogi in the case involving ramyeon price cartel (KFTC’s disposition revoked)
  • Represented Otis Elevator in the case involving collusive bidding of elevator manufacturers
  • Represented a foreign airliner in the case involving international air cargo freight cartel of airliners
  • Represented multiple collusive bidding cases of construction companies (e.g., Four-River project,  Honam High-Speed Railway project, railway construction projects)
  • Represented investigation by KFTC and damage claim cases involving LPG/light oil cartel

 
[Others]
  • Represented investigation/deliberation by KFTC of case involving funneling of business
  • Represented Korea South-East Power Co., Ltd. and others in the case of wrongful support practice (KFTC’s disposition revoked)
  • Handled the case on abuse of transactional abuse by mobile carrier
  • Handled the case on violation of subcontracting law (unfair price reduction & technology theft) by heavy equipment manufacturer
  • Handled the case on violation of subcontracting law (unfair price reduction, unfair consignment cancellation, unfair payment decision, etc.) by multiple construction companies
  • Handled the case on violation of subcontracting law (unfair price reduction, etc.) by multiple shipbuilders

18th, 19th, 22nd, 23rd, 34th Fl., ASEM Tower 517 Yeongdong-daero, Gangnam-Gu, Seoul 135-798, Korea / Tel:+82-2-6003-7000 / Fax:+82-2-6003-7800

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