Tag: KFTC
South Korean FTC Probes Samsung’s Self-Serve Cafeterias
South Korea’s antitrust watchdog will meet to weigh the penalties to impose on Samsung Group later this month over accusations that it has unfairly...
South Korea’s FTC Orders 5 Booking Platforms To Correct Clauses
South Korea’s antitrust watchdog has ordered five hotel reservation platforms to correct their unfair practices of guaranteeing the lowest prices under a price-parity clause.
The...
South Korea Files Complaints Against Steelmakers Over Price Fixing
South Korea's antitrust regulator announced on Wednesday, February 17, it will file complaints with the prosecution against four steelmakers for colluding to fix the...
Korean Watchdog Probes Kumho Asiana Employees On Bribery Charges
A former executive of Kumho Asiana Group and a former employee of the nation's antitrust watchdog are under prosecution's probe for allegedly conspiring to...
Delivery Hero Must Sell Unit In $4B Woowa South Korea Deal
South Korea’s antitrust regulator announced on Monday, December 28, Delivery Hero must sell its South Korean subsidiary to win approval for a US$4 billion...
Delivery Hero Confident Of Persuading South Korean Watchdog
Delivery Hero remains confident of persuading the Korea Fair Trade Commission (KFTC) to approve its acquisition of Woowa Brothers without selling its food delivery...
South Korea Merger Reviews Hit All Time High
The number of merger reviews has hit a record high in Korea for the first half of the year, with 424 filings made to...
South Korea Tackles Fine Print In Subscription Service Agreements
Fine print in subscription service agreements is a recent target of the Fair Trade Commission (KFTC), as the regulator endeavors to keep consumers from...
South Korean Watchdog Fines Hyundai For Misappropriation
South Korea’s antitrust watchdog announced it has decided to impose a fine of 970 million won (US$808,000) on Hyundai Heavy Industries for misappropriating technical...
South Korea Drafts Policy To Prevent Platform Monopolies
The South Korea Fair Trade Commission (KFTC) announced it will submit a new law to prevent possible power abuse by online platform operators such...