FTC Greenlights Tving-Wavve Merger, Mandates Price Freeze Through 2026

SEOUL, June 10 (Korea Bizwire) — South Korea’s antitrust regulator said Tuesday it has conditionally approved the merger of streaming platforms, Tving and Wavve, requiring the two local companies to maintain their current subscription prices until the end of next year. The Fair Trade Commission (FTC) said the two homegrown over-the-top (OTT) service providers must [...]