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South Korea announces provisional fines against Baemin and Coupang
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Regulator challenges restrictions on restaurants’ competing offers
South Korea’s competition regulator announced provisional fines of 331.1 billion won against Baemin operator Woowa Brothers and approximately 301 billion won against Coupang on November 9. The regulator found that the delivery platforms pressured restaurants to offer terms at least as favorable as those on competing apps, using access to membership benefits to enforce compliance. This restricted restaurants’ ability to offer better prices or conditions elsewhere, according to the regulator. Coupang disputes the penalty and says it will challenge the decision in court. The amounts remain provisional. The timestamp records Yonhap’s report publication.
South Korea fines Coupang $220 million for abusing dominance in food delivery market — Reuters · FTC to fine Baemin 331 bln won, Coupang 300 bln won for unfair practices · 배달앱 불공정행위 제재 — Korea Fair Trade Commission release on delivery-app unfair practices