But since “The squid game” was produced internationally, you are also eligible to participate in the International Emmys. So the streaming company must choose, since it cannot enter both, there are rules that avoid double aspiration in the Emmy.
The specific rule of the American TV Academy that allows the series to be eligible for the award there states that: “Foreign television production is not eligible unless it is the result of a co-production (both financially and creatively) between US partners and foreigners, which precedes the start of production, and for the purpose of being shown on American television. The producer of any production produced in the US or outside the US As a co-production between US and foreign partners, in a language that is substantially (i.e. 50% or more) in a language other than English, you will have the discretion to participate in the production and its individual achievements in whatever category they are eligible for in the Primetime Emmy Awards competition or the International Academy of Television Arts and Sciences awards competition, but not both. “
Without a doubt “The Squid Game” could become the television version of “Parasite”, another hit from South Korea that used violence to tell a story about class divisions, and broke new ground at the Oscars. In 2020, “Parasite” it became the first non-English film to receive the Academy Award for best picture.
Of course, the Emmy Awards are much more competitive, given the large volume of eligible entries. There is also the subject of content: “The squid game” is explicitly violent, and while TV Academy voters have become more open to the genre (“Game of Thrones”, “Watchmen”), it is still a somewhat relegated theme.
Netflix could try betting on the series by going to the Emmys and thus opening the possibility of participating in the awards season where it is eligible. That includes the prizes SAG, Critics Choice Awards, Independent Spirit Awards and other guild awards, based on eligibility.
In the last season of eligibility for Emmy, only one series in a language other than English was submitted for Emmy consideration: the Argentine series of Netflix “Millennials”, who entered the career of comedy.

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