[Corporate Legal] Legal Review for Liquor Import Consulting

Law firm Veat undertook a review of illegality regarding consulting services related to import of alcoholic beverages, commissioned by alcoholic beverage import company A.

Regarding the importation of alcoholic beverages manufactured overseas by foreign manufacturers, providing market research and pricing consulting services within the domestic market constituted a violation of the “Act on Alcoholic Beverage Licenses, etc.,” so we provided a report offering our opinion after legal review to determine if it did.

Specifically, Law firm Veat thoroughly examined the transaction content that the client wanted to pursue and the existence of licenses for alcoholic beverage manufacturers and beverage sales businesses, complying with the “Act on Alcoholic Beverage Licenses, etc.” through legal review and guidance.

Company A requested Law firm Veat to review a copyright usage permission agreement related to supplying alcoholic beverage labels during importation into the domestic market. Law firm Veat reviewed and revised the contract based on the intent of the contract and the overall content.

The “Act on Alcoholic Beverage Licenses, etc.” prohibits the provision of money or similar actions related to the trade of alcoholic beverages by those with alcoholic beverage manufacturing licenses and beverage sales licenses, except in special circumstances, in order to establish a “healthy alcoholic beverage trade order.”

Regulatory agencies closely monitor and supervise any unfair trade practices that may hinder fair trade orders in the market.

If deemed to be an unfair trade practice, you may receive measures such as a stop and prevention of recurrence for the specific unfair trade, resale price maintenance, and improper profit provision to related parties, and due to the possibility of fines, we recommend carefully reviewing with a legal expert in advance to proceed with your business safely.

Law firm Veat provides effective legal advice based on the communication with various companies as a senior/advisor attorney and the extensive experience of advising numerous companies.

If you have any inquiries or need corporate legal advice regarding alcoholic beverage rebates or unfair trade practices, please contact Law firm Veat.

Thank you.

Law firm Veat.