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Kakao Mobility loses court bid to suspend KFTC's corrective orders

By Jenny Lee ( March 4, 2025, 03:52 GMT | Insight) -- Kakao Mobility has failed in its bid to suspend corrective orders imposed by South Korea’s competition watchdog. Court records show the Seoul High Court on Feb. 27 denied the ride-hailing giant's request to halt measures ordered by the Korea Fair Trade Commission in its sanction decision, which found the company had engaged in anti-competitive “call-blocking” practices. Kakao Mobility has failed in its bid to suspend corrective orders imposed by South Korea’s competition watchdog, with an appellate court rejecting its request for a stay of execution....

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