Korea Joongang Daily
Korea JoongAng Daily

FTC orders seven major e-commerce platforms to revise unfair user agreements

Korea's antitrust regulator on Monday ordered changes to unfair user agreements of seven major e-commerce platforms in an effort to better protect consumer rights.

2026-04-27

Antitrust regulator fines pork processors $2M for price-fixing

The antitrust regulator said Thursday it has imposed a combined fine of 3.15 billion won on nine pork processors for price-fixing through collusion on bid and quotation prices while supplying pork products to E-Mart.

2026-03-12

Coupang hit with $1.5M fine, corrective order for financially burdening suppliers

Coupang has been slapped with a 2.19 billion won fine by the Fair Trade Commission along with a corrective order for demanding that suppliers reduce delivery prices and shoulder advertising costs, the antitrust watchdog announced Thursday.

2026-02-26

Antitrust watchdog formally moves against flour millers over suspected price collusion

The country's antitrust watchdog has formally launched sanctions procedures against major flour millers over suspicions of collusion on flour price hikes.

2026-02-20

Antitrust watchdog probes sanitary pad makers after president flags high prices

Korea's antitrust watchdog has launched a probe into sanitary pad prices, sending investigators to major manufacturers after President Lee Jae Myung questioned why the products cost significantly more at home than abroad.

2025-12-24

Korean Air, Asiana hit with combined $4.4M in fines for reduced seat capacity

The antitrust regulator fined Korean Air and Asiana Airlines a combined 6.46 billion won on Monday for sharply cutting seat capacity on an international route, breaching the watchdog's conditions for the merger of the country's two largest carriers.

2025-12-22

Google to launch YouTube Premium Lite plan in Korea after FTC approval

Google will officially launch its “YouTube Premium Lite” plan in Korea for the first time, with the Fair Trade Commission (FTC) giving approval to the new pricing plan Thursday.

2025-11-27

FTC chief vows to narrow differences in platform regulations with other countries

The head of Korea's antitrust watchdog vowed Thursday to pursue efforts to narrow any differences between the country's proposed regulations on online platforms and those of others.

2025-11-06

Korean Air, Asiana Airlines routes to be redistributed to avoid monopoly

The process of redistributing 10 monopolized air routes operated by Korean Air and Asiana Airlines is set to begin, the Fair Trade Commission (FTC) said on Tuesday.

2025-10-21

FTC orders postpartum care centers to revise 'unfair' refund policies

Korea’s largest postpartum care centers can no longer bar refunds for early departures or avoid liability for infectious disease outbreaks after the Fair Trade Commission (FTC) moved to strike down what it called unfair contract terms.

2025-09-24