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South Korea delivery app fee talks all but collapse, raising specter of regulation

By Jenny Lee ( November 8, 2024, 07:50 GMT | Insight) -- South Korea's effort to lower food delivery app commission rates has effectively collapsed, as major platforms Baedal Minjok and Coupang Eats failed to reach an agreement with vendors after months of government-mediated negotiations. The breakdown of talks sets the stage for potential legislative intervention, with lawmakers already signaling stricter oversight of the delivery platform industry.South Korea's effort to lower food delivery app commission rates has effectively collapsed, as major platforms Baedal Minjok and Coupang Eats failed to reach an agreement with vendors after months of government-mediated negotiations. The breakdown of talks sets the stage for potential legislative intervention, with lawmakers already signaling stricter oversight of the delivery platform industry....

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