KakaoStyle's Zigzag platform faces South Korean antitrust probe over exclusive dealing allegations
By Jenny Lee ( February 7, 2024, 06:55 GMT | Insight) -- KakaoStyle is the latest Kakao subsidiary in the hot seat as the South Korean competition watchdog investigates allegations it engaged in unfair trade practices with business users on its fashion platform Zigzag. The Seoul regional office of the Korea Fair Trade Commission confirmed to MLex it conducted a field search at KakaoStyle's headquarters in December last year, aiming to collect evidence related to these allegations.KakaoStyle is the latest Kakao subsidiary in the hot seat as the South Korean competition watchdog investigates allegations it engaged in unfair trade practices with business users on its fashion platform Zigzag....
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.