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Republic of Korea: Federal Trade Commission investigation into Kakao for alleged breach of Large-Scale Retail Business Act

Progress

Current status
in force
20 Jan 2025 in force

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

20 Jan 2025
in force

Federal Trade Commission initiated a consent resolution procedure in investigation into Kakao for alleged breach of Large-Scale Retail Business Act

On 20 January 2025, the Fair Trade Commission (FTC) initiated a consent resolution procedure for Kakao, which has been accused of violating the Large-Scale Retail Business Act by forcing suppliers on its "Kakao Gift" platform to use a free delivery …

Source
Event type investigation
Action type ruling
Government branch executive
Government body competition authority

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