Seoul: The antitrust watchdog has begun procedures to impose sanctions on Baedal Minjok, or Baemin, one of the largest food delivery platforms in the country, over alleged unfair market practices, sources said Monday.

According to Yonhap News Agency, the Fair Trade Commission (FTC) recently sent a statement of objections to Woowa Brothers Corp., the operator of Baemin, after completing its investigation into allegations that the company pressured restaurants to use its delivery service. The allegations claim Baemin induced restaurants to use the "Baemin delivery" service, even when they preferred using their own couriers or those from other companies.

The FTC is reportedly planning to reach its final decision on whether to impose sanctions on Woowa Brothers, which may include corrective orders or fines, after receiving the company's opinion on the matter.

In addition to Baemin, the FTC has also been investigating alleged unfair market practices by another major food delivery platform, Coupang Eats. This includes accusations of forcing bundle sales of other services provided by its operator, Coupang Inc.