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Kakao Mobility visited by South Korean regulator for alleged unfair support to affiliated taxis

By Jenny Lee ( October 27, 2021, 08:36 GMT | Insight) -- The antitrust investigation into the mobility arm of South Korean platform giant Kakao is picking up steam, with the country’s regulator conducting another dawn raid to collect evidence that the company provided unfair support to Kakao-affiliated taxis. The purpose of the recent visit to Kakao Mobility’s headquarters was for the Korea Fair Trade Commission to secure information on algorithms used for its ride-hailing service Kakao T, MLex has confirmed.The antitrust investigation into the mobility arm of South Korean platform giant Kakao is picking up steam, with the country’s regulator conducting another dawn raid to collect evidence that the company provided unfair support to Kakao-affiliated taxis....

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