Seoul, Aug. 12, 2025 — South Korea’s Fair Trade Commission (FTC) has fined two leading online accommodation booking platforms — Nol Universe (formerly Yanolja) and Yeogi Eottae Company — a combined ₩1.54 billion (about US$1.13 […]
Month: August 2025
Lithuanian Watchdog Warns Online Platforms to Comply with EU Rules for Intermediation Services
11 August 2025 – Lithuania’s Competition Council has issued nearly 40 warning letters to providers of online intermediation services—including e-marketplaces, booking systems, ticketing sites, and other digital platforms—reminding them of their obligations under EU regulations. […]
Latvia Grants Conditional Approval for Circle K’s Acquisition of Astarte-Nafta Fuel Stations
11 August 2025 – Latvia’s Competition Council (KP) has cleared Circle K Latvia’s acquisition of 26 Astarte-Nafta fuel stations, subject to binding conditions aimed at addressing competition concerns in the town of Dobele. While the […]
ACCC Backs Industry-Led Soft Plastics Recycling Scheme
11 August 2025 – Australia’s competition regulator (ACCC) has issued a draft determination supporting a new voluntary, industry-led scheme to collect and recycle soft plastic packaging, such as shopping bags and food wrappers. The initiative, […]
Hungary’s Competition Authority Raids Supplement Firm Over Suspected RPM
Budapest, 11 August 2025 – Hungary’s competition watchdog (GVH) has launched an investigation into GAL SynergyTech Zrt., a distributor of vitamins and dietary supplements, on suspicion of setting minimum resale prices for its products. The […]
