SEJONG, Nov. 27 (Yonhap) — The head of the country’s antitrust regulator said Wednesday that a recently reached agreement between delivery platforms and their partner restaurants has significantly lowered controversial commission fees, offering potential relief to small business owners.
Earlier this month, restaurant owners and delivery platform operators agreed to adjust commission fees to a range of 2 to 7.8 percent, based on revenue generated through the app, down from the current 9.8 percent.
Critics, however, argue that the reduction still falls short of recommendations made by a government advisory body overseeing the negotiations. They also contend that the changes continue to disproportionately favor app operators.
“We are aware of the criticism that the reduction in commission fees is insufficient,” Fair Trade Commission chief Han Ki-jeong told reporters. Nevertheless, he emphasized that “the agreement is meaningful as it significantly eases the financial burden on small business owners.”
Han also assured that the agency would closely monitor the implementation of the agreement to ensure compliance.
The plan, which was finalized after months of negotiations that began in July, will remain in effect for three years from the start of 2025.
This file photo shows Fair Trade Commission chief Han Ki-jeong. (Yonhap)
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