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Korea Approves KORAIL-SR Merger

Summary by The Korea Times
Korea's antitrust regulator has approved the merger of state-run rail operators — Korea Railroad Corp. (KORAIL) and SR — clearing the way for the c...

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연합뉴스-Yonhap News Agency연합뉴스-Yonhap News Agency
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The Fair Trade Commission has finally approved the merger of Korail and SR... The integrated high-speed rail name will be KTX. The merger between the Korea Railroad Corporation (Korail), which operates the two major high-speed rail lines KTX and SRT, and SR Corp. has been finally approved. Accordingly, starting in September, S

Lean Right

The Fair Trade Commission has approved the merger between Korea Railroad Corporation and SR. The decision was based on the judgment that concerns regarding restrictions on competition are minimal, as the merger involves government-affiliated public enterprises subject to regulation by the Ministry of Land, Infrastructure and Transport. Accordingly, consumer benefits, such as fare reductions and increased seat supply, will be enhanced over the ne…

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조선일보 broke the news on Sunday, August 2, 2026.
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