Progress

Current status
in force
20 Jan 2025in 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 …

  • Kakao Corp. commences consent resolution procedure, Korean Fair Trade Commission (FTC) (Official)