Region: Korea, Republic of

Korean Air expected to file amended EU remedies proposal

Korean Air is reportedly prepared to divest Asiana Airlines’ cargo arm and give up slots in various member states in a bid to convince the European Commission to clear the proposed merger between both airlines.

27 September 2023

Apple faces additional app store scrutiny in Korea

Apple is reportedly facing scrutiny from Korean prosecutors over the fees it charges game developers, less than a year after the country’s antitrust enforcer raided its local headquarters over similar issues.

14 August 2023

Korean enforcer sanctions drugmaker for anticompetitive rebate scheme

A Korean drugmaker broke competition rules by bribing healthcare professionals with cash and gifts to prescribe patients with its products, the country’s antitrust watchdog has said.

07 August 2023

Uptick in raids continues as agencies across Europe and Asia conduct searches

Antitrust enforcers in Greece, Spain, South Korea and Hong Kong have raided companies this week as part of separate individual investigations into electricity distribution, securities and wholesale fish markets.

23 June 2023

Government minister urges Korean Air to address EU and US concerns

South Korea’s transport minister has urged the country’s flag carrier to address concerns raised by competition authorities still investigating its proposed €1.31 billion acquisition of rival Asiana Airlines.

20 June 2023

KFTC fines Google €29 million for blocking rival app store

Korea’s antitrust watchdog has fined Google €29.2 million for attempting to thwart competition from a domestic rival in the mobile gaming application market by pressuring developers to launch apps exclusively through Google Play.

11 April 2023

Korea seeks criminal charges for cartel probe obstruction

Korea’s Fair Trade Commission is seeking criminal charges against a domestic truckers’ union for obstructing the agency’s cartel-related dawn raid by refusing access to its headquarters amid a nationwide protest over freight rates.

25 January 2023

Asian authorities must carefully choose theories of harm against Big Tech, says ICN expert

A non-governmental advisor at the International Competition Network has warned Asian antitrust agencies to ensure the general public can understand theories of harm against Big Tech companies, while an official at Korea’s Fair Trade Commission revealed his agency is preparing guidance on self-preferencing.

19 December 2022

Korean court revokes abuse fine but bans conduct

A Korean court has revoked a €9 million abuse of dominance fine issued to naval engineering company Gaztransport & Technigaz but ordered the business to stop tying its technology licences with engineering services for liquified natural gas storage tanks.

07 December 2022

Korea sanctions data transmission device cartel

Korea’s Fair Trade Commission has fined three companies a combined €4.2 million for rigging bids to supply devices used to transmit data signals.

12 October 2022

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