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FTC Fines Baemin, Coupang 631.9 Billion Won for Unfair Practices
The Fair Trade Commission imposed a combined 631.9 billion won penalty surcharge on Baemin and Coupang for abusing their dominant positions in the food delivery market, according to Yonhap and the Korea Times. The regulator found that the companies forced affiliated restaurants to offer preferential treatment on their platforms, which it said created a de facto cartel effect and harmed consumers. Woowa Brothers Corp. was fined 331.1 billion won, while Coupang received 300 billion won. The operators have pushed back against the decision, challenging the record fines. Self-employed restaurant owners expressed frustration, noting that the rules prevent them from offering discounts on cheaper public delivery apps.


















