Joo Byung-ki

Chairman, Korea Fair Trade Commission

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Last updated Nov 9, 2026

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South Korea fines delivery apps for forcing restaurants into price parity

Rule Changes

Led the commission that issued the fines

South Korea's antitrust regulator fined the country's two largest food-delivery apps a combined 631.9 billion won on Nov. 9. Woowa Brothers, which runs Baemin, must pay 331.1 billion won; Coupang, which runs Coupang Eats, must pay 300.8 billion won.

Updated 2 hours ago