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KFTC report highlights potential anticompetitive concerns in e-commerce market

( December 26, 2024, 05:53 GMT | Official Statement) -- MLex Summary: In South Korea’s e-commerce market, customers and sellers are increasingly favoring the country’s two-largest platforms, Coupang and Naver. Sellers, in particular, show a high dependency on these platforms, according to an e-commerce market study by the Korea Fair Trade Commission. The KFTC highlights potential anticompetition concerns under these market conditions, such as the enforcement of most-favored-nation clauses by e-commerce giants, which could lead to reduced competition in pricing and commissions, as well as create barriers to entry for new competitors.The summary of the report and the full report, in Korean, are attached....

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