The Korean Fair Trade Commission recently published a Competition Assessment Manual.  The Manual details the procedures for determining the impact on competition of a newly-established or revised regulation, along with actual assessment cases that the KFTC has handled.

The Manual defines competition assessment as “a process through which a government or regulatory body analyzes and evaluates how new or existing regulations designed to achieve specific policy objectives may affect competition and then seeks an alternative that will minimize any potential impact on competition while still achieving the designated policy objectives in an efficient manner.”