Republic of Korea: 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
Description
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…
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