Seoul, March 11 (IANS) South Korea’s antitrust regulator on Monday announced to impose a fine and corrective measures on Airbnb Ireland UC, for its failure to properly verify information of short-term rental hosts for customers.
The home rental platform was fined 500,000 won ($379.6) for the violation of the country’s electronic commerce act as it simply provided information about rental hosts just as they have uploaded without due verification procedures, according to the Fair Trade Commission (FTC).
Airbnb has also failed to appropriately mark detailed information about the company, such as the phone number for customer service, on its website in an act that even goes against its own identity information rules, reports Yonhap news agency.
The FTC ordered the company to take steps in accordance with the e-commerce law, saying the act is applied equally to foreign operators in case they do business here targeting domestic customers.
Airbnb is the fifth-largest accommodation service platform in South Korea with 1.04 million members here as of 2021, according to government data.
–IANS
na/
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
