Baemin, Coupang Eats hit with record W632b antitrust penalty
Story summarySouth Korea's antitrust watchdog said Monday it would impose a combined 631.9 billion won ($467 million) fine on Baemin and Coupang Eats for pressuring restaurants to match rivals' prices and terms, restricting competition. The Fair Trade Commission announced provisional fines of 331.1 billion won for Woowa Brothers…
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