Kakao Mobility faces $54 mil. fine for unfairly abusing dominant position

TheKoreaTimes Tech

· 4 days ago

Technology

Kakao Mobility faces $54 mil. fine for unfairly abusing dominant position

Kakao Mobility has been fined 72.4 billion won ($54.93 million) for unfairly leveraging its dominant market position and forcibly collecting key business information from rival taxi-hailing service operators, the Fair Trade Commission (FTC) said Wednesday.

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Kakao Mobility faces $54 mil. fine for unfairly abusing dominant position

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