This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager.
Dismiss

South Korean job-search platforms Albamon, Alba Heaven fined for collusion

By Wooyoung Lee ( July 24, 2023, 08:19 GMT | Insight) -- Job Korea and Mediawill Networks, the operators of South Korea’s two largest job-search platforms Albamon and Alba Heaven, were hit with a combined fine of 2.6 billion won ($2 million) and corrective orders for collusion by the country’s competition regulator. The Korea Fair Trade Commission, or KFTC, found that the two companies colluded on service offerings by reducing the availability of free services and deliberately steering customers toward paid services.Job Korea and Mediawill Networks, the operators of South Korea’s two largest job-search platforms Albamon and Alba Heaven, were hit with a combined fine of 2.6 billion won ($2 million) and corrective orders for collusion by the country’s competition regulator....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login