Republic of Korea: Federal Trade Commission initiated a consent resolution procedure in investigation into Kakao for alleged breach of Large-Scale Retail Business Act
Description
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 …
Scope
Policy Area
Competition
Policy Instrument
Unilateral conduct regulation
Regulated Economic Activity
platform intermediary: other
Implementation Level
national
Government Branch
executive
Government Body
competition authority