Economic law: Focusing on the monopoly regulation and fair trade act

Abstract

Norms of economic law are not so familiar in Anglo-American legal cultures. Presumably, the expression of economic law might have derived from the continental legalistic environment, in which the notion can be defined as all statutes legislated to form fair economic order. Generally, the contents, structures, and legislative status of economic law depend on the economic order or system of the country in which the law is legislated. For that reason, economic law in each country has its own uniqueness. So is Korean economic law. Korean economic law is based on its economic order upon the Korean Constitution.