Region: South Korea

The Asia-Pacific Round-up (3 September 2021)

News in brief from the Asia-Pacific region… China’s competition watchdog continues to keep its homegrown technology companies over the fire, with Meituan and the broader sharing economy the latest target. Meanwhile, Epic Games and Apple have a trial date in Australia, although everyone will have to wait until late November 2022.

02 September 2021

The Asia-Pacific Round-up (13 August 2021)

News in brief from the Asia-Pacific region… Korea’s Fair Trade Commission is nearing the end of a long probe into Google, while it is also looking into the local bar association after a complaint about potential restrictions on its members. In Australia, the competition agency has extended certain protections for banks to collaborate as large parts of the country endure yet another round of intense lockdowns.

12 August 2021

The Asia-Pacific Round-up (9 July 2021)

News in brief from the Asia-Pacific region… China cranked up its tech crackdown yet again with another slate of gun-jumping decisions. Meanwhile, reports surfaced this week that Korea’s competition watchdog is investigating Broadcom just as the US-based chipmaker wrapped up a monopolisation lawsuit at home. And a pair of mergers are working their way through lengthy merger probes – one in New Zealand and another in Singapore.

08 July 2021

Korea’s highest court backs suspension of KFTC decision

Korea’s Supreme Court has dismissed an appeal by the country’s competition watchdog against a decision by a lower court to suspend the agency’s abuse of dominance finding against naval engineering company Gaztransport & Technigaz.

20 May 2021

Korea probing Google over app compatibility

Google is reportedly being investigated by Korea’s communications regulator for allegedly restricting the compatibility of applications on the company’s Android Auto interface when downloaded outside its Play Store, a week after Italy’s competition authority fined the company based on similar concerns.

17 May 2021

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

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