Seoul, 9 November 2026 – South Korea’s Korea Fair Trade Commission has decided to impose a provisional KRW300.8 billion fine on Coupang Corp., operator of Coupang Eats, over food-delivery trading conditions that it found restricted competition. The regulator announced the decision on 9 November alongside a KRW331.1 billion provisional fine for Woowa Brothers Corp., which operates Baedal Minjok, commonly known as Baemin.
For Asian platform businesses and investors, the case focuses on how membership benefits and merchant terms can affect competition beyond one app. The combined provisional penalties total KRW631.9 billion, but the implications extend to the design of pricing and commission arrangements. These are regulatory findings, not a final court judgment, and Coupang disputes both the assessment and the size of its penalty.
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