Tag: KFTC
South Korea: Stronger laws triple number of antitrust probes
The number of companies subject to regulatory supervision will nearly triple if the Korean Fair Trade Commission's (KFTC) proposed stiffer guidelines on inter-affiliate trading...
South Korea: KFTC conditions Hamburg Sud Maersk Line merger to withdrawing...
South Korea’s antitrust watchdog on Tuesday, November 28, ordered Maersk Line, the world’s largest container shipper, and its smaller German rival Hamburg Sud to...
South Korea: KFTC warns of probes into charities and holding companies
The head of South Korea's Fair Trade Commission (KFTC) warned the nation's top conglomerates that the regulator will be looking into charitable foundations and...
South Korea: KFTC head and tech CEOs in name-calling spat
The chief of South Korea’s antitrust watchdog, who built his reputation as a “chaebol sniper,” is facing flak from local IT industry leaders after...
South Korea: Qualcomm files second appeal against KFTC order
The US chipmaker Qualcomm has decided to file an appeal to the Supreme Court of South Korea regarding a decision from a lower court...
South Korea: Court rejects Qualcomm request to suspend US$912m antitrust ruling
In the wake of the order filed by South Korea’s antitrust regulator in December 2016 to fine Qualcomm US$912 million, the company filed two...
South Korea: Fried chicken franchise caves to KFTC pressure
Korean fried chicken franchise Genesis BBQ has caved to the Korea Fair Trade Commission (KFTC) and pledged to publicize its profit margins and treat...
South Korea: KFTC launches first ex-officio probe into chaebols
South Korea’s Fair Trade Commission (KFTC) has launched a probe into Harim Group, the country’s largest poultry processor, possible irregularities in the transfer of...
South Korea: KFTC punishes Japanese, German auto parts firms over price...
Japanese and German bearing manufacturers have faced fines totaling 2 billion won (US $1.7 million) for collusion, the nation's antitrust watchdog said Monday.
In response...
South Korea: KFTC reviews Google and Facebook’s market dominance
The Korean Fair Trade Commission (KFTC), under the new leadership of former civic activist Kim Sang-jo, seems to be targeting major global IT companies...
