Court suspends FTC's designation of Coupang founder as 'same person'

Court suspends FTC's designation of Coupang founder as 'same person'

A court has suspended the antitrust watchdog's designation of the founder of e-commerce giant Coupang Inc. as the company's de facto controlling entity, legal sources said Friday. Coupang Corp., the Korean unit of the U.S.-listed company, earlier filed a lawsuit and an injunction request with the Seoul High Court to overturn the Fair Trade Commission (FTC)'s designation of Kim Bom as the "same person" of the group last month. "Same person" is a …