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Watchdog rejects voluntary corrective measures proposed by food delivery apps (opens original article in a new tab)

TL;DR

South Korea's fair trade watchdog rejected corrective measures from major food delivery apps, citing insufficient remedies for alleged market abuse against restaurants and consumers.

  • South Korea's Fair Trade Commission rejected corrective measures proposed by Woowa Brothers and Coupang over market dominance allegations.
  • The FTC found that the companies required restaurants to provide 'most-favored' treatment and excluded non-compliant restaurants from benefits.
  • The proposed measures included lowering commission fees and financial support, but the FTC deemed them insufficient to address the alleged violations.

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