Coupang Files Lawsuit Against FTC's Designation of Founder as 'Same Person'
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2 Articles
Coupang files lawsuit against FTC's designation of founder as 'same person'
Coupang Corp., the Korean unit of U.S.-listed e-commerce giant Coupang Inc., has filed a lawsuit against a decision by the country's antitrust watchdog designating founder Bom Kim as the company's de facto controlling entity, officials said Monday. Coupang filed the suit with the Seoul High Court on Friday, seeking to overturn the Fair Trade Commission's (FTC) designation of Kim as the "same person" of the group last month, according to the offi…
Exclusive: Coupang Files Lawsuit Against Fair Trade Commission Requesting Cancellation of Founder Kim Beom-seok's Designation as "Same Person"; Following the Main Lawsuit, Application for Suspension of Execution Also Filed; Seeking to Obtain a Cancellation Ruling While the Effect of the Same Person Designation Has Been Suspended.
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