Republic of Korea: Korean Fair Trade Commission announced investigation into Shinsegae–Alibaba joint venture
Description
Korean Fair Trade Commission announced investigation into Shinsegae–Alibaba joint venture
On 25 January 2025, the Korean Fair Trade Commission (KFTC) announced an investigation into a Shinsegae-Alibaba joint venture over competition concerns. The deal involves Apollo Korea, a Shinsegae affiliate, acquiring a 50% stake in Grand Ophus Hold…
Scope
Policy Area
Competition
Policy Instrument
Merger control regulation
Regulated Economic Activity
platform intermediary: e-commerce
Implementation Level
national
Government Branch
executive
Government Body
competition authority