Republic of Korea: Investigation into Kakao Mobility Corp. over Alleged Manipulative Algorithms Use and Unfair Practices
Progress
Current status
in force
14 Feb 2023 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
Issued ruling in FTC investigation into Kakao Mobility over manipulative algorithms use
On 14 February 2023, the Federal Trade Commission (FTC) announced that it closed its investigation into the taxi-hailing application service Kakao Mobility Co., Ltd. (Kakao) over its alleged use of manipulative algorithms to give preferential treatm…
SourceEvent type
investigation
Action type
ruling
Government branch
executive
Government body
competition authority