Kakao chairman Kim under FTC probe over alleged violation of disclosure liability
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
The country¡¯s antitrust watchdog investigated headquarters of Kakao and K Cube Holdings last week over Kim¡¯s alleged violation of the fair trade law, according to industry sources on Monday.
The FTC is suspecting Kakao of underreporting or fabricating reports on K Cube Holdings over the past five years.
Large companies are required to submit mandated documents on the stake status quo of affiliates, major shareholders, and special relations of owners. The FTC can take criminal actions for incompliance or negligence.
K Cube was founded in January 2007 as a software developer under full ownership of Kim, allowing him to command over Kakao as the second largest shareholder with a 10.59 percent stake in addition to his direct holding of 13.30 percent stake in Kakao as of the end of June. Most of the seven executives of K Cube Holdings are family and relatives of Kim.
The FTC plans to bring the agenda to its full-session meeting by the end of the year following the probe to discuss whether to impose a penalty on the company.
Shares of Kakao finished Monday down 4.23 percent at 124,500 won.
[¨Ï Maeil Business Newspaper & mk.co.kr, All rights reserved]
Copyright © 매일경제 & mk.co.kr. 무단 전재, 재배포 및 AI학습 이용 금지
- DoubleU Games ready to grab M&A opportunities with $340 mn ammunition - Pulse by Maeil Business News Korea
- Try Everything: Corporate identity and people define startup success: FiscalNote CEO - Pulse by Maeil Business News Korea
- S. Korea’s fiscal deficit stretched to record high of $62 bn in 2020 - Pulse by Maeil Business News Korea
- Carbon tax to weigh down economic growth, accelerate inflation: BOK - Pulse by Maeil Business News Korea
- SK Innovation will not rush with EV battery unit’s IPO: CEO - Pulse by Maeil Business News Korea
- 강경준, 상간남 피소…사랑꾼 이미지 타격 [MK픽] - 스타투데이
- 미 증시·경제 흔드는 소비자물가지수(CPI), 개인소비지출(PCE)가 뭐길래 - 매일경제
- “‘음악’으로 맺어진 ♥”…윤보미·라도, 8년째 열애 ‘인정’(종합)[MK★이슈] - MK스포츠
- 이찬원, 이태원 참사에 "노래 못해요" 했다가 봉변 당했다 - 스타투데이
- 양희은·양희경 자매, 오늘(4일) 모친상 - 스타투데이