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Kakao Mobility takes on South Korean competition watchdog in court over alleged self-preferencing

By Jenny Lee ( April 4, 2024, 04:27 GMT | Insight) -- South Korean ride hailing giant Kakao Mobility appeared in a Seoul courtroom today as it began its legal battle against the sanctions imposed by the country’s competition watchdog over self-preferencing allegations. The first hearing of the appeal delved into the fundamentals of the case, with a panel of judges seeking clarity on the company's business model and the allegations of abuse of dominance and unfair trade practices levelled by the Korea Fair Trade Commission.South Korean ride hailing giant Kakao Mobility appeared in a Seoul courtroom today as it began its legal battle against the sanctions imposed by the country’s competition watchdog over self-preferencing allegations....

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