Tag: FTC

FTC

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Ju Biung-ghi, head of the Fair Trade Commission, speaks at the Sejong government complex on Sept. 21.

'No OECD country does this': FTC's big business scorecard raises questions

Parliamentary researchers warn that no major Organisation for Economic Co-operation and Development (OECD) country grades corporate groups as Korea’s antitrust regulator plans to do.

2026.10.12

Watchdog unveils guidelines on deceptive 'dark patterns' on online platforms

The Fair Trade Commission issued new guidance urging platforms to make cancellations clear and stop misleading consumers into unwanted purchases or subscriptions.

2026.10.6

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FTC chief vows to 'restore justice' as court clears way for Coupang probe

In August, Coupang refused to cooperate with the Fair Trade Commission's on-site probe into allegations that the company had shifted the cost of discounts onto its suppliers and asked a court to suspend the inspection.

2026.9.29

FTC scorches Korean barbecue chain with 14.8 billion won fine

Korea's trade watchdog penalized the company behind Myeong Ryun Jinsa Pork Ribs $10.9 million for providing low-interest loans to affiliated lenders, which then lent the money to franchisees at far higher rates.

2026.9.28

An Uber Eats delivery bag is seen in an undated file photo.

FTC reviews Uber’s bid for Baemin

Korea’s antitrust regulator has begun a preliminary review of Uber’s proposed acquisition of Delivery Hero, which controls food delivery leader Baemin.

2026.9.22

Trucks used to deliver parcels ordered through Coupang are parked in Seocho District, southern Seoul, on April 29.

FTC carries out on-site probe into Coupang: Sources

The investigation centered on whether Coupang unfairly obstructed other companies' business operations.

2026.9.2

A KF-21 military jet is seen in a photo taken during a ceremony held at Korea Aerospace Industries in South Gyeongsang on March 24.

Fair Trade Commission approves Hanwha's acquisition of additional KAI stakes

The approval came after Hanwha Systems purchased a 3.45 percent stake in Korea Aerospace Industries (KAI), raising Hanwha Group's combined stake in KAI to 15.89 percent.

2026.8.31

Large retailers face higher fines for abuse of power under FTC's proposal

In many previous cases, fines have been capped at a fixed amount, preventing penalties from adequately reflecting the seriousness and scale of the misconduct.

2026.8.27

Petrochemical sector merger plan conditionally approved under gov’t-led restructuring

The Fair Trade Commission gave a tentative green light as the industry adjusts to overcome a downturn in the face of a supply glut.

2026.8.20

Dunkin' franchisor loses battle over 2.1 billion won fine for forcing purchases on franchise owners

A Seoul court upheld an antitrust fine against BR Korea for requiring franchisees to buy supplies only through the company.

2026.7.6