Republic of Korea: Korea Fair Trade Commission investigation into Delivery Hero's proposed acquisition of Woowa Brothers
Progress
Current status
under deliberation
13 Dec 2021 under deliberation
28 Dec 2020 concluded
Scope
Implementers
Republic of Korea
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
other service provider
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Opened KFTC investigation into Delivery Hero's acquisition of Woowa Brothers
On 13 December 2020, the Korea Fair Trade Commission (KFTC) opened its investigation into Deliver Hero's acquisition of Woowa Brothers. Delivery Hero owns Delivery Hero Korea and Baedaltong, Korea's no. 2 and 3 food ordering app. Woowa Brothers owns…
SourceEvent type
investigation
Action type
announcement
Government branch
executive
Government body
competition authority
KFTC approves Delivery Hero's acquisition of Woowa Brothers subject to conditions
On 28 December 2020, the Korea Fair Trade Commission (KFTC) approved Delivery Hero's acquisition of Woowa Brothers subject to conditions. The KFTC determined that the acquisition would not significantly harm competition in the market, as there were …
SourceEvent type
investigation
Action type
closure
Government branch
executive
Government body
competition authority