Region: South Korea

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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