Regulator watches as Kakao, HYBE battle for tie-up with SM Entertainment

Regulator watches as Kakao, HYBE battle for tie-up with SM Entertainment

FILE PHOTO: Members of K-pop boy band BTS pose for photographs during a news conference promoting their new album "BE(Deluxe Edition)" in Seoul, South Korea, November 20, 2020. REUTERS/Heo Ran/File Photo

K-pop agencies HYBE  and Kakao, battling each other to tie up with rival SM Entertainment, are facing the new challenge of a possible review by the South Korean competition regulator should either succeed.

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