Antitrust Antitrust

Kakao faces market dominance accusations from South Korean lawmakers at audit hearing

By Wooyoung Lee
  • 24 Oct 2022 11:56
  • 24 Oct 2022 11:56

Kakao founder Kim Beom-su today received an angry reception from South Korean lawmakers for the tech giant’s market power and perceived lack of social responsibility in the aftermath of a massive service outage that was caused by a fire at the company's main data center on the outskirts of Seoul

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