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Netflix, Wavve's subscription-termination practices probed by South Korean competition watchdog

By Jenny Lee ( March 19, 2024, 03:24 GMT | Insight) -- Netflix, the global streaming behemoth, and Wavve, a South Korean streaming platform, are the subjects of an ongoing investigation by the South Korean competition watchdog for suspected violations of e-commerce law. The investigation kicked off with a dawn raid on their offices yesterday, with the Korea Fair Trade Commission scrutinizing whether the streaming services made it difficult for users to terminate their subscriptions mid-term or failed to adequately inform consumers about their right to do so.Netflix, the global streaming behemoth, and Wavve, a South Korean streaming platform, are the subjects of an ongoing investigation by the South Korean competition watchdog for suspected violations of e-commerce law....

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