Region: South Korea

Korean enforcer raids Facebook

Korea’s competition watchdog has reportedly raided Facebook’s local offices over suspicion the company forces app developers to exclusively advertise on its platform.

19 April 2021

KFTC files first-ever criminal obstruction charges

Korea’s competition authority has referred a steel company and three of its employees to the country's criminal prosecutor for impeding a price-fixing probe that resulted in fines of over €200 million.

17 February 2021

Korean court suspends KFTC abuse decision

The Seoul High Court has suspended a decision by Korea’s competition watchdog finding that naval engineering company Gaztransport & Technigaz illegally tied its technology licences with engineering services for liquified natural gas storage tanks.

19 January 2021

Delivery Hero opposes proposed structural remedies in Korea

A case team at Korea’s antitrust authority has preliminarily recommended that Delivery Hero divest its local food delivery operations as a condition for approval of its proposed acquisition of a majority stake in Woowa Brothers.

17 November 2020

Korean antitrust boss says Google harmed competition

The chair of Korea’s antitrust watchdog has reportedly accused Google of distorting competition in the mobile applications market and revealed the agency will aim to complete one of two ongoing probes into the company this year.

23 October 2020

Korea set to regulate online platforms

Korea’s antitrust watchdog intends to double the fines it can impose on digital platforms for unfair trading practices as well as require tech companies to enter into written contracts with smaller businesses.

30 September 2020

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