Republic of Korea: Fair Trade Commission investigation into KM Solution over allged anti-competitive conduct in KakaoTaxi's operations
Progress
Current status
in force
28 May 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
Fair Trade Commission issued corrective order and imposed a KRW 3.88 billion fine on KM Solution for anti-competitive conduct in KakaoTaxi’s operations
On 28 May 2025, the Fair Trade Commission fined KM Solution KRW 3.882 billion over unfair contract terms in KakaoTaxi’s operations. KakaoTaxi was found to charge taxi drivers a 20% franchise fee for total fares, including for the use of its dispatch…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
competition authority