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South Korea Agrees To Lower Banking Barriers For The First Time...

South Korea has launched a major expansion of its banking sector, currently dominated by just five lenders. The country's Financial Services Commission (FSC) announced Wednesday (July 5) that it...

South Korean Watchdog Fines Google For Lack Of Gaming Competition

The South Korean Fair Trade Commission (KFTC) levied a fine against Google for engaging in anti-competitive practices aimed at competing app hosting platforms. As reported by TechCrunch,...

South Korean Regulator To Probe Bank Competition

This week South Korea launched a task force to study ways to improve business practices and pay schemes at banks. This is in the...

South Korea Fines German Automakers For Collusion

South Korea's anti-trust regulator said on Thursday it would impose a combined fine of 42.3 billion won ($33.48 million) on three German automakers for...

South Korea Plans Large Tax Breaks To Spur Chip Competition

South Korea said on Tuesday it plans to offer large tax breaks to semiconductor and other technology companies investing at home to strengthen its...
Tesla

South Korea’s Antitrust Regulator Fines Tesla

South Korea's antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla Inc (TSLA.O) for failing to tell its...

South Korean Watchdog Refers K Cube Holdings To Prosecution

The antitrust regulator decided to refer K Cube Holdings, a company wholly owned by Kakao founder Kim Beom-su, to the prosecution over allegations of...
Apple

Apple Publishes New Terms For South Korean Developers

Apple said it will introduce the new pricing policy, including changes in tax calculation for South Korean app developers, from next year in a...

South Korean Antitrust Chief Concerned With Truckers Hindering On-Site Probe

South Korea’s antitrust watchdog said on Friday that it would deal sternly with the nation’s unionised cargo truckers for hindering an on-site probe into...

South Korean Watchdog To Tighten Scrutiny On Delinquent Online Sellers

South Korea’s antitrust watchdog said Sunday it will come up with effective measures to restrict delinquent online sellers using popular customer-to-customer platforms such as...
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