SEOUL — South Korean authorities fined Kakao Mobility 72.4 billion won ($54.9 million) on Wednesday.it is claimed violations in the taxi service.
The Korea Fair Trade Commission has revealed that Kakao's transportation division forced competing companies such as Uber Taxi and Tada to sign data-sharing agreements that reveal drivers' license plates and routes. can use it to strengthen its dominance in the taxi market. Officials said Kakao stopped connecting companies that refused to provide that information to taxi requests from drivers.