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Republic of Korea: Opened KFTC investigation into Delivery Hero's acquisition of Woowa Brothers

Policy overview

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 source

Scope

Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
other service provider
Implementation Level
national
Government Branch
executive
Government Body
competition authority

Complete timeline of this policy change

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2020-12-28
concluded

On 28 December 2020, the Korea Fair Trade Commission (KFTC) approved Delivery Hero's acquisition of…

2021-12-13
under deliberation

On 13 December 2020, the Korea Fair Trade Commission (KFTC) opened its investigation into Deliver H…

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