Naver-Dunamu deal faces final antitrust review over competition concerns

South Korea's antitrust watchdog has entered the final stage of its review of Naver Financial's proposed acquisition of Dunamu, operator of cryptocurrency exchange Upbit, warning the deal could restrict competition in digital finance and stablecoin markets. The Fair Trade Commission said Tuesday its secretariat had submitted a review report to the agency's full panel, recommending conditional approval after examining revised remedies offered by the companies. The merger would bring together Kore

Source: The Korea Herald