Why Market Studies Before Regulation Matter: BKL Fair Trade Report

Attorney Kang Il of Bae, Kim & Lee addressed in Maeil Business Newspaper’s BKL Fair Trade Report when a market study conducted before regulation can prove valuable. The article opens with Richard Linklater’s 2004 film Before Sunset, in which Jesse reunites with Celine in Paris at a book event after nine years. That opening recalls the meaning of encountering something again after time has passed and connects it to the fair trade issue of understanding markets before imposing regulation. Looking first at how a market works and how competition is structured, rather than starting with specific sanctions, can provide a basis for later policy judgment and corporate response. Source: mk.co.kr