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Coupang’s Rocket Delivery faces antitrust fine

Summary by The Korea Herald

South Korean e-commerce giant Coupang is in trouble, as the nation’s antitrust watchdog has flagged the company for allegedly promoting its own private label products -- particularly those eligible for its signature Rocket Delivery service -- on its platform’s algorithm-driven ranking system. On Thursday, the Korea Fair Trade Commission issued a fine of 140 billion won ($102 million) along with prosecutio...

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The Korea Herald

Coupang’s Rocket Delivery faces antitrust fine

South Korean e-commerce giant Coupang is in trouble, as the nation’s antitrust watchdog has flagged the company for allegedly promoting its own private label products -- particularly those eligible for its signature Rocket Delivery service -- on its platform’s algorithm-driven ranking system. On Thursday, the Korea Fair Trade Commission issued a fine of 140 billion won ($102 million) along with prosecutio...

1 year ago·Seoul, Korea, Republic of

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The Korea Herald broke the news in Seoul, Korea, Republic of 1 year ago on Thursday, June 13, 2024.

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