Republic of Korea: Opened KFTC investigation into Delivery Hero's acquisition of Woowa Brothers
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Description
Opened KFTC investigation into Delivery Hero's acquisition of Woowa Brothers
On 13 December 2020, the Korea Fair Trade Commission (KFTC) opened its investigation into Deliver Hero's acquisition of Woowa Brothers. Delivery Hero owns Delivery Hero Korea and Baedaltong, Korea's no. 2 and 3 food ordering app. Woowa Brothers owns Baedal Minjok, Korea's most popular food ordering app.
Original sourceScope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
competition authority