Vice President of Kakao T Expresses Frustration Over Fair Trade Commission Fine, Preparing Additional Explanation

Reporter Kim Jisun / approved : 2024-11-05 03:01:23
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Photo = Kakao Mobility

 

[Alpha Biz= Reporter Kim Jisun] Kakao Mobility, facing potential further sanctions related to its business operations, has expressed dissatisfaction with a recent fine imposed by the Fair Trade Commission (FTC).


At a Transportation Committee hearing of the Seoul Metropolitan Council on the 4th, Ahn Gyu-jin, Vice President of Kakao Mobility, responded to questions about the FTC-imposed fine, stating, “There are points we find unfair or that were not adequately explained, so we are preparing additional documentation.” When asked if he found the fine unfair, he responded, “Yes.”

However, he clarified immediately afterward, stating, “We do not intend to express dissatisfaction with the FTC. We are merely working to address any points that we may not have fully explained or that may have been misunderstood. Please do not interpret this as an attempt to criticize the FTC’s decision.”

Ahn continued, “It has been ten years since Kakao Taxi was launched. We were fortunate to receive widespread support in the first five years, but since 2020, as the business expanded, there may have been misunderstandings or issues in execution. Late last year, we agreed with taxi associations and groups on ways to operate in harmony, and we have been working to fulfill that agreement.”

Kakao Mobility stated that it would “diligently address the FTC’s sanctions legally, while also humbly assessing any areas that may not align with public expectations.”

Last month, the FTC sent a review report, outlining sanctions for alleged violations of the Franchise Business Act by Kakao Mobility, and is in the process of pursuing further disciplinary actions.

 

 

Alphabiz Reporter Kim Jisun(stockmk2020@alphabiz.co.kr)

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