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Kakao to overhaul gift platform in South Korea’s first retail-law consent decree

By Jenny Lee ( July 21, 2025, 03:52 GMT | Insight) -- South Korea’s Kakao has agreed to overhaul its supplier terms on the “Kakao Gift” platform under a legally binding consent decree with the Korea Fair Trade Commission, becoming the first e-commerce operator subject to such a measure under the country’s large retail business law.South Korea’s Kakao has agreed to overhaul its supplier terms on the “Kakao Gift” platform under a legally binding consent decree with the Korea Fair Trade Commission, or KFTC, becoming the first e-commerce operator subject to such a measure under the country’s large retail business law....

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