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
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 …
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
competition authority