Friday, December 30, 2022

South Korea to boost regulations to rein in market power abuses by platform firms

The South Korean government said on Thursday it will strengthen legal and administrative regulations to rein in excessive concentration of power in the local platform market led by tech giants Naver and Kakao.

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...