-Apple Korea offers support programs worth KRW 100 billion intended for consumers and small businesses-
The Korea Fair Trade Commission (KFTC) initiated the consent resolution process after two deliberations following Apple Korea\'s application for a consent resolution over its alleged abuse of dominant position filed on June 4, 2019.
...
As cases of consumer harm have increased (Korea Consumer Agency 1372 Counseling Center, 16 cases in 2016¡æ590 cases in 2020) along with the expansion of online video service subscriptions, the Korea Fair Trade Commission (led by Chairperson Sungwook Joh, hereinafter referred to as the \"KFTC\") reviewed terms and conditions of six online vi...
The Korea Fair Trade Commission (led by Chairperson Sungwook Joh, hereinafter the ¡°KFTC¡±) has approved Delivery Hero SE* (hereinafter ¡°DH¡±)¡¯s acquisition of around 88 % of shares in Woowa Brothers Corp.** (hereinafter ¡°Woowa¡±) subject to conditions.
* Delivery Hero SE, headquartered in Germany, operates a global food ordering platform with ...
The Korea Fair Trade Commission (led by Chairperson Sungwook Joh, hereinafter referred to as the \"KFTC\") decided to impose corrective orders and a fine of KRW 1.32 billion on Naver Co., Ltd. (hereinafter referred to as \"Naver\'\') for banning its contracted contents providers from providing information on properties for sales to a third party. <...
The Korea Fair Trade Commission (Chairperson Sungwook Joh, hereinafter referred to as "KFTC") has proposed the ¡°Act on Fair Intermediate transactions on Online Platforms¡± (hereinafter referred to as the "Fair Transactions on Online Platforms Act") and plans to make a pre-announcement of legislation from September 28, to November 9, 2020 (for 40 day...
APCC1. Overview
The Korea Fair Trade Commission (hereinafter the ¡°KFTC¡±) analyzed and announced its 2019 merger review trends.
¡Ø The analysis reflects only transactions subject to notification obligation under the Monopoly Regulation and Fair Trade Act (MRFTA), thus reviewed by the KFTC.
The total number of business combinations n...
Apple Korea applied for the initiation of the consent resolution preparation procedure on June 4 last year during the KFTC¡¯s investigation into abuse of its market position* and the KFTC decided to initiate the procedure on June 4, 2020.
*The KFTC was investigating allegations that Apple Korea forced local mobile carriers to bear advertisi...
The Korea Fair Trade Commission (KFTC) ordered the U.S. electric vehicle giant Tesla's Korean unit to correct five unfair clauses in the automaker's Motor Vehicle Order Agreement.
Previously, if a vehicle is damaged during the car delivery process, Tesla Korea simply reimbursed 100,000 won ($84) of the Order Fee to the customer. Now, with ...
KFTC imposes corrective measures on Medtronic Korea for abusing its superior bargaining position.
Including a corrective order and a penalty surcharge of KRW 270 million
The Korea Fair Trade Commission (led by Chairperson Sungwook Joh, hereinafter referred to as the "KFTC") decided to impose corrective measures on Medtronic Korea for f...
KFTC commences the consent order process for Apple Korea
-Apple Korea suggests measures to bring mutual benefits to consumers and SMEs- June 18, 2020 Anti-Monopoly Division (Service)
1. Background of the application of the consent order process
On June 4, 2019, Apple Korea Inc.(hereinafter, "Apple") requested the KFTC to initi...