Region: South Korea

Korean court upholds landmark Google decision

Google anticompetitively prevented Samsung, LG and other smartphone manufacturers from installing or developing competing mobile operating systems, a Korean court has held.

25 January 2024

KFTC sends SO to country's largest banks over loan collusion claims

KB Kookmin Bank, Shinhan Bank, Hana Bank and Woori Bank boosted profits by colluding on loan rates, Korea’s Fair Trade Commission has alleged.

09 January 2024

A Q&A with KFTC chair Han Ki-jeong

Korean president Yoon Suk-yeol appointed Han Ki-jeong to lead the country's Fair Trade Commission last year. The KFTC head spoke to GCR about the agency’s bid to tackle anticompetitive practices from Big Tech companies, organisational reforms and a recent high-profile cartel case looking into faulty building works.

19 December 2023

KFTC proposes DMA-style bill to regulate large platforms

Korea’s Fair Trade Commission has proposed subjecting designated digital platforms to targeted prohibitions against anticompetitive conduct.

19 December 2023

South Korea

Featured in GCR 100 2024

15 December 2023

Korea: private practice perspective

Featured in Enforcer Hub

24 November 2023

Korean agency touts merger guideline amendments

Korea’s Fair Trade Commission has proposed updating its merger guidelines to clarify how it will assess deals in the digital economy.

14 November 2023

Korean president flags antitrust concerns with Kakao and national banks

President Yoon Suk Yeol has signalled he wants to address the monopoly power of the country’s largest ride-hailing platform, while also raising concerns about the dominance of national banks.

02 November 2023

DMA is not a global standard, says Meta lawyer

The EU’s Digital Markets Act could have a “chilling effect” on innovation but it is encouraging to see different regulatory approaches evolving in the Asia-Pacific, an in-house antitrust lawyer for Meta has said.

27 October 2023

Broadcom/VMware cleared in Korea, still faces hurdle in China

Broadcom has said it expects to close its €56 billion acquisition of VMware before the end of October, despite ongoing scrutiny in China that threatens to scupper the deal.

23 October 2023

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