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Wooyoung Lee

Seoul, South Korea
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About Wooyoung
Wooyoung Lee is a Seoul-based freelance journalist, covering social, political, and cultural issues with a decade of experience in reporting Korea-related stories for print and online.
Languages
English Korean
Services
Feature Stories Content Writing Corporate Content
+4
Skills
Business Politics Current Affairs
+12
Portfolio

JetBlue's criticism of airline joint ventures shows concern and opportunism

23 May 2024  |  mlexmarketinsight.com
JetBlue's planned transatlantic expansion has reignited the debate over the competitiveness of joint-venture agreements among legacy airlines. The budget carrier aims to introduce multiple daily flights from Boston and New York to London by 2021, targeting both the budget and premium markets. JetBlue President Joanna Geraghty has called for regulatory changes to support smaller airlines, coinciding with the UK Competition & Markets Authority's investigation into the Atlantic Joint Business Agreement involving American Airlines, British Airways, Iberia, and Finnair.

GSK, Generics UK, Alpharma ask EU's top court for clarity over pay-for-delay agreements

Sports bodies will be relieved despite EU court blow to skating union

17 Apr 2024  |  mlexmarketinsight.com
EU judges ruled against the International Skating Union (ISU) in an antitrust case, while preserving the pre-authorization system for events and the arbitration system directing disputes to the Court of Arbitration in Sport in Lausanne. The European Commission's stance on the ISU's conflict of interest and severe penalties was upheld, but the ruling allows for fair and proportionate pre-authorization systems. The General Court also confirmed that sports-related disputes can be resolved at the Court of Arbitration in Sport, with the possibility of bringing antitrust disputes to national courts within the EU. The decision is seen as a relief for sports-governing bodies and a success for the European Commission.

Double-hatted Vestager must tread carefully between new powers and old

04 Apr 2024  |  mlexmarketinsight.com
Margrethe Vestager, the EU competition commissioner, has been given broad political responsibilities covering the digital sector while retaining her competition role for a second term by the European Commission's incoming president Ursula von der Leyen. This dual role is unprecedented in the EU's recent history and raises concerns about the integrity of competition procedures. Vestager has emphasized the need to maintain the integrity of these procedures, which must stand up in court. Critics worry about the potential for conflicts of interest, particularly in cases involving US tech firms, as Vestager is also tasked with helping European companies strengthen technological leadership. The European Commission has historically maintained that competition enforcement works alongside other tools to keep markets open and fair.

Nokia's connected-cars SEP licensing prompts EU queries on R&D to parts makers

04 Apr 2024  |  mlexmarketinsight.com
The European Commission has sent out questionnaires to auto-parts makers to investigate whether Nokia's patent-licensing practices are hindering R&D investment in the automotive industry. This follows antitrust complaints from Daimler and four parts makers, who argue that Nokia's refusal to license standard-essential patents for mobile connectivity is abusive. The commission's inquiries focus on whether companies have suspended R&D spending due to licensing issues and whether they have shown willingness to seek licenses from Nokia. The case draws on EU antitrust rules and a precedent set by the EU Court of Justice regarding 'willing licensees.'

Surface Modification of Ga-Doped-LLZO (Li7La3Zr2O12) by the Addition of Polyacrylonitrile for the Electrochemical Stability of Composite Solid Electrolytes

21 Nov 2023  |  MDPI
The study explores the surface modification of Ga-doped LLZO (Li7La3Zr2O12) by adding polyacrylonitrile (PAN) to enhance the electrochemical stability of composite solid electrolytes (CSEs) used in all-solid-state batteries. The research addresses the instability issues between succinonitrile (SCN) and LLZO by incorporating PAN, which prevents SCN polymerization through a cyclization process. The modified CSEs demonstrated improved ionic conductivity and stable cycle performance in coin-type and pouch-type cells. The findings suggest that PAN addition is crucial for enhancing the electrochemical performance and stability of solid-state lithium-metal batteries.

New head of US state AGs' antitrust coalition vows to bring tough cases regardless of what lawmakers, judges do

26 Oct 2023  |  mlexmarketinsight.com
State attorneys general, led by Gwendolyn Cooley, will continue to pursue tough antitrust cases irrespective of legislative or judicial actions. Cooley, taking over as chair of the National Association of Attorneys General Multistate Antitrust Task Force, emphasizes the importance of state-level enforcement and coordination with federal agencies. She highlights the unique advantages states have in understanding local markets and the need for efficient litigation practices. Cooley also plans to enhance training for antitrust attorneys and stresses the non-partisan nature of state antitrust enforcement.

The Price Is Right: Former I.R.S. Attorney Discusses Information Return And F.B.A.R. Penalties

07 Apr 2022  |  mondaq.com
Daniel Price, a former IRS attorney, revealed that the IRS does not read reasonable-cause statements for late-filed international information returns, raising concerns among taxpayers and tax advisers. The IRS's shift to systemic assessment of penalties via computers has led to high abatement rates, indicating many penalties are wrongly assessed. The Taxpayer Advocate Service criticized the IRS's authority to systemically assess penalties for certain forms and suggested inefficiency and legal unsoundness. Additionally, federal courts are divided on calculating penalties for non-willful FBAR violations, with the Fifth and Ninth Circuits having conflicting interpretations. Price advised taxpayers in the Ninth Circuit to leverage the Boyd case for a more favorable penalty assessment. Despite the IRS's practices, Price emphasized the importance of filing reasonable-cause statements for creating a paper trail and evidence in case of disputes.

A C.T.A. Of The C.T.A. – A Closer Targeted Analysis Of The Corporate Transparency Act

07 Dec 2021  |  www.mondaq.com
The Corporate Transparency Act (C.T.A.), passed on January 1, 2021, aims to increase transparency by requiring certain entities to report information on their beneficial owners to a database accessible by the U.S. Treasury Department and law enforcement. The article discusses the definitions and obligations of reporting companies, beneficial owners, and company applicants, and highlights the proposed regulations issued by FinCEN on December 7, 2021. These regulations clarify the types of entities that must comply, exemptions, and the reporting requirements. The article also addresses the potential impact on small businesses and law firms, the penalties for non-compliance, and the ongoing process of finalizing the regulations.

Google, Facebook targeted by UK watchdog's fightback over adtech power

01 Jul 2020  |  mlexmarketinsight.com
The UK Competition and Markets Authority (CMA) has targeted Google and Facebook in a new antitrust regime aimed at the digital advertising sector. The CMA's final report on its year-long market study proposes several structural and behavioral controls to address the market power of these tech giants. Measures include separating Google's ad-serving platform from its analytics business and increasing third-party data access for Facebook. Both companies have pushed back, arguing that the digital advertising market is competitive and their data practices protect user privacy. The CMA seeks government support for new laws to regulate the sector, amidst broader concerns over Big Tech's influence.

Residents from both sides of the border share thoughts on the first talks between leaders of both Koreas since 2007.

26 Apr 2018  |  Al Jazeera
The article discusses the first inter-Korean summit since 2007, set to take place at the Peace House in Panmunjom, with a focus on denuclearisation and securing permanent peace. South Korean President Moon Jae-in and North Korean leader Kim Jong-un will engage in talks and a dinner, with parts of the summit broadcast live. Expectations and skepticism are mixed among the people from both sides of the border. South Koreans express cautious optimism and concerns about repeating past mistakes, while North Koreans, including defectors and activists, show skepticism about the North's commitment to denuclearisation and criticize the South's approach. The article includes perspectives from various individuals, highlighting their hopes, doubts, and the broader implications of the summit for cross-border relations and the future of the Korean peninsula.

Critics and analysts urge President Moon to bring up violations and abductions in the upcoming summit.

12 Apr 2018  |  Al Jazeera
The article discusses the upcoming inter-Korean summit and the concerns raised by NGOs and analysts regarding the exclusion of North Korean human rights issues from the agenda. Despite over 200 NGOs, including Human Rights Watch, urging South Korean President Moon Jae-in to address human rights violations and abductions with North Korea, the South Korean Ministry of Unification confirmed these topics are not scheduled for discussion. The focus of the summit will be on denuclearisation, peace on the Korean Peninsula, and improving relations between the North and South. Critics argue that human rights should be a priority and express disappointment, especially given President Moon's background as a human rights lawyer. The article also mentions the plight of families separated by the Korean War and abductions, highlighting the urgency of these human rights issues.

Mixed reactions greet 24-year prison term and $16m fine for Park Geun-hye for bribery, extortion and influence-peddling.

06 Apr 2018  |  Al Jazeera
Former South Korean President Park Geun-hye has been sentenced to 24 years in prison and fined $16 million for her involvement in a corruption scandal. She was found guilty of charges including bribery, extortion, and influence-peddling. Major conglomerates such as Samsung, Lotte, and SK were implicated in the scandal. Park's confidante, Choi Soon-sil, was also sentenced to 20 years for meddling in state affairs. The ruling Democratic Party of Korea welcomed the verdict, while the opposition Liberty Korea Party criticized the public broadcast of the trial. Park's supporters protested, demanding her immediate release. Legal experts anticipated the verdict but expressed concerns about fairness if Park were to be released early, as has happened with past presidents. Park's impeachment and removal from office followed a unanimous vote by the Constitutional Court after she refused to resign amidst the scandal.

Following talks of an inter-Korean summit, South Koreans remain apprehensive about Kim Jong-un’s intentions.

14 Mar 2018  |  Al Jazeera
South Koreans have shown a mix of optimism and scepticism towards North Korea's recent proposal for dialogue and denuclearisation. A poll by RealMeter indicates that while a majority welcome the dialogue, there is significant distrust regarding North Korea's sincerity. The North Korean leader, Kim Jong-un, has agreed to a summit with South Korea's president and suggested a moratorium on nuclear and missile tests if talks with the US proceed. Despite the positive step, South Koreans, especially the younger generation, remain doubtful of North Korea's intentions. The international community is also confused by the sudden shift in North Korea's stance, considering its history of missile tests and proclamation as a nuclear-armed state. The political divide in South Korea also reflects differing levels of trust in the North's intentions, with liberals being more optimistic than conservatives.

Defying Categorization

15 Nov 2017  |  StyleChosun
Maggi Hambling, a prominent British artist, discusses her rejection of being categorized by sexual orientation, preferring to focus on the present and respond to life's happenings. In an interview at her Suffolk studio, she reflects on the queer art scene of 1960s London, her encounters with Francis Bacon, and her lifelong inspirations, Oscar Wilde and the sea. Hambling, who identifies as queer, emphasizes the importance of art over sexual identity labels and shares her unique way of grieving through posthumous portraits. Her recent works, including a series on melting icecaps, address global issues and environmental concerns, showcasing a shift from personal to political themes in her art.
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