South Korea’s antitrust watchdog is set to investigate unfair business practices by dominant tech firms through a new special task force team, officials said on Tuesday, November 19.
The country’s largest search engine firm Naver is likely to become the first target, they noted. Led by Fair Trade Commission (KFTC) secretary-general Chae Kyu-ha, the 15-member team will examine separate categories – online platforms, mobile services and intellectual property rights.
The online platform subcommittee will monitor whether the operators, such as Naver, Daum, and Google, wield their control over adjacent or downstream markets through discrimination or exclusive dealing, meaning disallowing their partners to do business with rivals.
The mobile services team will check whether firms which enjoy a monopoly, such as Samsung and Apple, hinder competitors from entering the market through a tie-in sale or exclusive dealing.
Full Content: The Phnom Penh Post
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
FTC Urged to Enforce Rarely Used Antitrust Law Against Retail Giants
Mar 28, 2024 by
CPI
UK’s Fingleton Bolsters Team with New Additions
Mar 28, 2024 by
CPI
Britain’s Competition Regulator Clears Aviva’s Acquisition of AIG Life UK
Mar 28, 2024 by
CPI
White House Implements New AI Safeguards to Protect Rights and Safety
Mar 28, 2024 by
CPI
Denver Court Sets August Date for Kroger-Albertsons Merger Showdown
Mar 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Real Estate & Antitrust
Mar 27, 2024 by
CPI
Systematic National Evidence of Steering by Real Estate Agents
Mar 27, 2024 by
CPI
Compliance Now! Actionable Antitrust Advice for the Residential Real Estate Industry
Mar 27, 2024 by
CPI
Real Estate Commissions: Some Insights from the Economics of Multi-Sided Platforms
Mar 27, 2024 by
CPI
New Ideas for Promoting Real Estate Brokerage Price Competition
Mar 27, 2024 by
CPI