Progress
Current status
under investigation
12 Dec 2024under investigation
02 Oct 2024under investigation
Scope
Implementers
Republic of Korea
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
platform intermediary: other
Government Branch
executive
Government Body
competition authority
Implementation Level
national
Timeline of events
Issued interim ruling in KFTC investigation into Kakao Mobility for alleged abuse of market dominance in the ride-hailing service market
On 12 December 2024, the Fair Trade Commission of Korea issued a finalised ruling with a fine of KRW 15.1 billion, revised from KRW 72.4 billion, against Kakao Mobility for abuse of market dominance in the ride-hailing service market. The ruling hig…
Event typeinvestigation
Action typeinterim ruling
Government branchexecutive
Government bodycompetition authority
Issued interim ruling in KFTC investigation into Kakao Mobility for alleged abuse of market dominance in the ride-hailing service market
On 2 October 2024, the Fair Trade Commission of Korea issued a ruling with a tentative fine of KRW 72.4 billion against Kakao Mobility for abuse of market dominance in the ride-hailing service market. The ruling highlighted that Kakao Mobility press…
Event typeinvestigation
Action typeinterim ruling
Government branchexecutive
Government bodycompetition authority