( June 12, 2026, 02:37 GMT | Official Statement) -- MLex Summary: NS Shopping, a TV home-shopping and e-commerce arm of the food-focused Harim group, has secured South Korean antitrust approval to acquire Homeplus Express for 120.6 billion won ($79.4 million). The Korea Fair Trade Commission said Friday it fast-tracked the review because the deal forms part of Homeplus' court-supervised corporate-rehabilitation proceedings, and found it unlikely to restrict competition. Although the deal links Harim’s food-production businesses with Homeplus Express’ supermarket network, the regulator said foreclosure risks were limited, including in chicken products, where Homeplus Express has only a modest retail share. The regulator said the transaction could help revive a viable competitor in a retail market undergoing structural change.Statement is attached (in Korean)....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.