South Korea FTC fines Baemin, Coupang for unfair practices

South Korea's antitrust regulator announced fines of 331 billion won for Baemin and 300 billion won for Coupang over unfair business practices. The fines target alleged manipulation of rankings and treatment of restaurant partners, marking a significant regulatory action against major food delivery and e-commerce platforms. The impact on market competition and platform business models is uncertain pending appeals.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works