에볼루션 바카라

1. Case background

□ The local company first met the product in question, which was a new product substituting the typical tuberculosis diagnosis method, at a seminar held overseas, and introduced the product in the local market in 2002. Thereafter, the local company has been acting as a local master 에볼루션 바카라 exclusively importing and selling the product in Korea (the “에볼루션 바카라”).

□ The party subject to the report of violation of the Fair trade Act by the 에볼루션 바카라 was a local branch of a multinational pharmaceutical company manufacturing the product in question (the “respondent”).

□ The demand for the product had been continuously increasing in the domestic medical field from 2005. The demand had sharply increased when the product designated as being covered by national insurance in July 2015. As the Center for Disease Control (“CDC”) announced a large-scale bidding for the product in November 2015, the respondent unilaterally notified the 에볼루션 바카라 of termination of the master distributorship, refusing to supply the product to the 에볼루션 바카라. The respondent solely participated in the bidding and was awarded a contract by the CDC.

Korean Fair Trade Commission’s investigation: The respondent was subject to an order to correct its act against the 에볼루션 바카라 and to pay surcharges

□ Representing the 에볼루션 바카라 who was deprived of its market by the multinational pharmaceutical company, 바카라 사이트 made a report of an abuse of market dominant power as prescribed in Article 23(1)4 of the Fair Trade Act against the respondent, and succeeded in obtaining a correction order and the payment of surcharges against the respondent.

□ The case had happened before the Fair Supplier-Vendor Trade Practices Act (the “Supplier-Vendor Trade Act”) was implemented on December 23, 2016. If any similar case had happened after the implementation of the Act above, stricter sanctions would have been imposed by the application of Supplier-Vendor Trade Act.


2. Implications

□ It is very common in the market where a vendor is unilaterally subject to the termination of a contract and is deprived of its market. In addition, as the terms and conditions of the contract are favorable to the supplier, the vendor is often in an unfavorable position even though it takes a legal action against the supplier. Thus, vendors should consider receiving assistance from experts in the fair trade act in order to resort to legal remedies against unfair trade practices.

ㅇ In the case of suppliers, they could reduce legal risks by carefully reviewing applicable laws as well as contractual termination events when they intend to end relationship with long-term vendors.