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KFTC rejects SK Rent-a-Car, Lotte Rental merger over competition fears

The Korea Fair Trade Commission (KFTC) announced on the 26th that it has disapproved the corporate merger between SK ...

FTC halts Affinity’s plan to combine Korea’s top 2 car rental firms

Korea’s Fair Trade Commission (FTC) has blocked a private equity firm’s plan to effectively combine SK Rent-a-Car and Lotte ...

FTC blocks Singapore-based PEF from acquiring Lotte Rental over competition concerns

Korea's antitrust watchdog said Monday that it has decided to block a Singapore-based private equity fund (PEF) from acquiring the country's ...
The Chosun Ilbo on MSN

Jeju rental car driver arrested two months after 14-casualty crash

The driver involved in the Jeju Udo Cheonjin Port rental car crash last November, which resulted in 14 casualties, has been ...