Kilambi News
Monday, November 9, 2026

South Korea fines Coupang and Baemin over delivery terms

Technology Monday, November 9, 2026 - Updated Nov 9, 2026 00:31

South Korea's Fair Trade Commission said on Monday it will fine Coupang 300.8 billion won ($220.59 million) and Woowa Brothers, operator of the Baemin delivery app, 331.1 billion won for abusing dominant positions in food delivery.

Why it matters: The penalties, among the largest the Korean antitrust regulator has levied on tech platforms, add a second major fine this year for US-listed Coupang, which was fined 624 billion won in June over a 2025 data breach and says it will challenge this decision in court.

Data as of Reuters report of November 9, 2026, read in full via SRN News in this run, reporting the Korea Fair Trade Commission's announcement of Monday, November 9, 2026. One syndicated version of the Reuters text gives Coupang's fine as 300.9 billion won; the dollar figure of $220.59 million and most syndications correspond to 300.8 billion won, the figure used here. Developing item.

South Korea’s antitrust regulator said on Monday it is imposing a 300.8 billion won ($220.59 million) fine on Coupang for abusing its dominant position in the food delivery market. The Korea Fair Trade Commission said Coupang required restaurants to match six conditions offered on rival platforms, including menu prices, minimum order amounts, discounts and delivery charges, and penalised those that failed to comply, with non-compliant restaurants risking the loss of a designation that let them offer discounts and free delivery to Coupang’s paid membership customers. The share of restaurants meeting the requirements rose to nearly 94 percent in October 2025 from about 13 percent in July 2023, the commission said.

The commission also fined Woowa Brothers, the operator of rival delivery app Baemin, 331.1 billion won for similar practices. Coupang said the penalty was excessive, more than 600 times the fine in a comparable 2020 case, and that the commission had included revenue unrelated to the alleged conduct in the calculation; it said it would challenge the decision through legal proceedings. The ruling follows a 624 billion won fine imposed on Coupang in June over a 2025 data breach that affected more than 33 million customers.

Sources

  1. South Korea fines Coupang $220 million for abusing dominance in food delivery market - Reuters, via SRN News - 2026-11-09
  2. S Korea fines Coupang $220m for anticompetitive conduct - Tech in Asia - 2026-11-09